The Macroeconomic Implications Of Evergrande For Risk Assets And Bitcoin

I have spent my career in financial markets, focusing on risk analysis and trading with a viewpoint that is honed through the prism of credit. I believe credit markets to be the most important, most informed, and unfortunately the most misunderstood of the various risk asset silos.

Credit analysts are pessimists by nature. They always ask, “How much can I lose?” as opposed to equity analysts, who seem to believe trees grow to the moon and growth can accelerate forever. Credit analysts prefer math, downside sensitivity analysis, priority of claims certainty, and can calculate bond price moves — on the fly — from changes in credit spreads.

Source link


Read Previous

Tehran Stock Exchange Head Resigns Over Mining Rigs Found at Organization’s Office – Mining Bitcoin News

Read Next

Bitcoin Jumps 10% In 24 Hours, Dead Cat Bounce Or Real Move Ahead?

Leave a Reply

Your email address will not be published. Required fields are marked *