Posts Tagged ‘economics’
How to prepare a credit portfolio
Sunday, November 22, 2009 13:21 Comments OffClearly investors willing to allocate a part of their budget to corporate bonds are facing two questions. First, they have to decide how much of their budget they want to invest in corporate bonds. In this context we will focus on a pure fixed income portfolio. Usually private as well as institutional investors define their [...]
The role of employment in credit
Tuesday, October 13, 2009 8:23 Comments OffFor decades economists have analyzed the behavior of various economic indicators during the business cycle. Employment is commonly seen as one of the lagging indicators for the state of the economy. However, there is a leading indicator for the labor sector that coincides with changes in credit spreads. For example, for most of the time [...]