In this Credit Chat edition, Bloomberg News senior editor James Crombie and credit reporter Lisa Lee join Robert Schiffman to share their views on the credit market's biggest risks and rewards heading into 2022 with uncertainty, inflation and spreads increasing.
In this Masters of the Muniverse edition, host BI Senior US Municipal Strategist, Eric Kazatsky is joined by Peter DeGroot, Head of Municipal Bond Research and Strategies from JP Morgan, Vikram Rai, Head of Municipal Strategy at Citi, and Mikhail Foux head of Municipal Strategy and Research at Barclays. All are here to recap 2021 municipal bond successes and look ahead to the new year.
In this State of Distressed Debt edition, BI distressed credit analyst Philip Brendel and Global Credit Strategy head Noel Hebert share their views on how the omicron variant may impact high yield and distressed. The two also review some memorable 2021 bankruptcy themes (Hertz, Intelsat, Washington Prime Group), and provide thoughts on the direction of distressed credits Revlon and Sinclair subsidiary Diamond Sports Group.
In this Macro Matters edition, host BI Chief U.S. Interest Rate Strategist Ira Jersey is joined by BI Chief European Rate Strategist Huw Worthington and Interest Rate Associate Rates Strategist Angelo Manolatos. Jersey begins the show with his outlook on U.S. rate markets and the Federal Reserve in 2022, and suggests a faster taper at the December Federal Reserve meeting doesn't mean faster or fewer hikes, as the market is pricing. Worthington discusses his view on the European Central Bank and ...
Alejandro Cuadrado, global head of foreign exchange strategy at Banco Bilbao Vizcaya Argentaria (BBVA), joins Damian Sassower of Bloomberg Intelligence to share his outlook for currency and debt valuations across Latin America. The two discuss the outlook for portfolio flows, potential for future monetary tightening and post-election positioning in Argentina and Chile.
In this Masters of the Muniverse edition, host BI Senior US Municipal Strategist, Eric Kazatsky is joined by Jim Colby, Senior Municipal Strategist of Van Eck, to discuss high yield municipals heading into 2022, and navigating a black swan event for an ETF.
In this Macro Matters edition, host BI Chief U.S. Interest Rate Strategist Ira Jersey is joined by Ian Shepherdson, Chief Economist at Pantheon Macroeconomics, to discuss inflation dynamics and the Federal Reserve's reaction function. Shepherdson doesn't believe the Fed will hike prior to 3Q22, even with the next few months' inflation running very hot. In a second segment, Interest Rate Associate Strategist Angelo Manolatos reviews his views on Canadian interest rates and suggests that the Bank ...
In this Credit Chat edition, our global team of energy and utility analysts (Spencer Cutter, Jaimin Patel and Paul Vickars) join Robert Schiffman to share their views on the sectors biggest risks and rewards as inflationary pressure and demand are rising.
In this State of Distressed Debt edition, BI bankruptcy litigation analyst Negisa Balluku and distressed credit analyst Philip Brendel join Global Credit Strategy head Noel Hebert to discuss how distressed debt may be stuck in a trough through May. Also discussed: The latest in Johnson & Johnson's subsidiary's (LTL Management LLC) bankruptcy filing as well as GTT Communications' pre-packaged filing.
This Muniland edition, hosted by Municipal Strategist Eric Kazatsky, focuses on muni ETF industry.Neil Azous, PM for Rareview Tax Advantaged Income ETF (RTAI). discusses muni ETF industry, Closed End Funds and how being a new player in the industry can give edge.
This Macro Matters edition, hosted by BI Chief U.S. Interest Rate Strategist Ira Jersey, focuses on central banks' outlooks. Dan Hanson of Bloomberg Economics discusses the Bank of England and his view that higher inflation now may push the bank to hike too quickly, causing inflation to undershoot after a few years. Interest Rate Associate Strategist Angelo Manolatos reviews the Bank of Canada meeting and shares his skepticism of the early hikes the market is pricing. And host Jersey gives his v...
In this Credit Chat edition, our global team of consumer analysts including Jody Lurie, senior travel and leisure analyst, Mary Ross Gilbert, senior U.S. consumer products analyst, and Louise Parker, European consumer staples analyst, join Robert Schiffman to share their outlook for consumer credits, with systemic risk and inflationary pressures showing signs of rising.
In this EM Lens & Look-Through edition, Alessio de Longis, Senior Portfolio Manager and Head of Global Tactical Asset Allocation for Invesco, joins Damian Sassower of Bloomberg Intelligence to discuss the smart-beta revolution, as factor-based investment expands from equities to fixed income and foreign exchange. De Longis shares his views on factor-based investment performance across different beta regimes, and highlights the growing importance of emerging market risk premia. The two focus ...
In this Macro Matters edition, host and BI Chief U.S. Interest Rate Strategist Ira Jersey is joined by BI Chief G10 FX Strategist Audrey Childe-Freeman, who discusses why she thinks the dollar has more to rally - regardless of circumstances, how elections might affect the euro, and why Sterling remains at risk. In the Fun Fed Facts segment, Bloomberg Intelligence Associate Analyst Angelo Manolatos gives an update on how much the Federal Reserve's securities holds have grown as it prepares to red...
In this State of Distressed Debt edition, BI Bankruptcy Litigation Analyst Negisa Balluku and Distressed Credit Analyst Philip Brendel join Global Credit Strategy head Noel Hebert to discuss the momentum in high yield markets, what may stop it and when. Also discussed: The latest for Washington Prime Group, Aeromexico, Latam Airlines, Intelsat and in Hertz’s Make-Whole battle.
In this EM Lens & Look-Through edition, host and BI Chief Emerging Markets Credit Strategist Damian Sassower is joined by Jonny Goulden, managing director of global EM research at JP Morgan. Goulden shares his outlook for emerging market debt, as the asset class can add incremental returns to global fixed income portfolios in an environment characterized by historically low developed market bond yields. The two discuss the relative allure of EM carry, the re-rating in China credit and the ri...
In this Macro Matters edition, host and BI Chief U.S. Interest Rate Strategist Ira Jersey is joined by Bloomberg Economics Chief U.S. Economist Anna Wong who discusses her path to join Bloomberg, what she's looking at for the future of the economy, and why she thinks a 2022 Federal Reserve interest rate hike isn't out of the question. In the Fun Fed Facts segment, Bloomberg Intelligence Associate Analyst Angelo Manolatos reviews the distribution of the FOMC's "dot plot" that now shows half the c...
In this Credit Chat edition, our global team of BI analysts including Jeroen Julius (Europe), Arnold Kakuda (U.S.) and Himanshu Bakshi (Canada, Australia) join Robert Schiffman to share their views on the outlook for bank and financial credits, with systematic risk and rates showing signs of rising.
