Bank Credit Weekly: Melt-Up in Asset Prices or Melt-Down in Conviction?
Melt-up in asset prices or melt-down in conviction? Short callable AT1 bonds led the ongoing rally in bank credit. Tier 2 bonds suggest more of a...
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Bank Credit Weekly: Asia’s Higher Risk Notes Outperform in Thin Markets
Asia’s AT1, Subordinated and high yield Senior Unsecured bonds outperformed over the holiday shortened week. Thin markets were directionless, so we...
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Bank of East Asia: Move to Overweight the Capital Inefficient Securities from Buy
We move to Overweight Bank of East Asia’s capital inefficient securities as these securities have outperformed their peers since our Buy...
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U.S. Equity Strategy: Breakout Brewing?
With major indexes climbing 7-12% in just over a week and all three testing logical resistance, we believe there is potential for some near-term...
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U.S. Equity Strategy: Markets Bouncing off Key Support
In today’s report we highlight attractive Groups and stocks within Financials: Asian Banks, Puerto Rican banks, Banks, Southwest, and Investment...
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