tag:blogger.com,1999:blog-34323687.post6580576806068703032..comments2024-03-28T00:23:22.838+00:00Comments on Macro Man: A few thoughts on creditMacro Manhttp://www.blogger.com/profile/12324967552369915949noreply@blogger.comBlogger8125tag:blogger.com,1999:blog-34323687.post-61017855234173954852016-10-26T03:43:39.857+01:002016-10-26T03:43:39.857+01:00We shall see.We shall see.Mr Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-75100005513334379922016-10-26T00:31:43.665+01:002016-10-26T00:31:43.665+01:00Oh Dear! Mr.Anonymous. I'm afraid you are a pi...Oh Dear! Mr.Anonymous. I'm afraid you are a pillock. 2016 may be better than 2008 but is it better than 2006/7? When the current bubble goes 'pop' 2008 will look like a really golden age of manageable chaos.<br /><br />Anonymoushttps://www.blogger.com/profile/02957450475784150238noreply@blogger.comtag:blogger.com,1999:blog-34323687.post-89666975816809993622016-10-25T15:45:29.913+01:002016-10-25T15:45:29.913+01:00Indexing the start of 2009 as 100, the Spx is 290,...Indexing the start of 2009 as 100, the Spx is 290, HY is ca. 235 and IG is 178...what you'd expect "normally"Macro Manhttps://www.blogger.com/profile/12324967552369915949noreply@blogger.comtag:blogger.com,1999:blog-34323687.post-8807180822207386272016-10-25T14:42:52.821+01:002016-10-25T14:42:52.821+01:00MM, if re-based post-GFC/2009, do they (IG, HY, SP...MM, if re-based post-GFC/2009, do they (IG, HY, SPX) look a little more orderly ? <br /><br />BTW - Long-time-lurker (cough, piker) here - I will be a casualty of your future (understandable & 100% justified) pay-wall - so much appreciating the (advanced) education while I can !<br /><br />Warm Regards, TimAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-24410509015124206842016-10-25T14:23:35.721+01:002016-10-25T14:23:35.721+01:00Actually, HY is 99 to 252. Even worse!Actually, HY is 99 to 252. Even worse!Macro Manhttps://www.blogger.com/profile/12324967552369915949noreply@blogger.comtag:blogger.com,1999:blog-34323687.post-81104455221624349982016-10-25T14:22:23.368+01:002016-10-25T14:22:23.368+01:00@ Anon, Yes. IG index gone from 95 to 272. High...@ Anon, Yes. IG index gone from 95 to 272. High yield from 97 to 252. Amazing, innit.Macro Manhttps://www.blogger.com/profile/12324967552369915949noreply@blogger.comtag:blogger.com,1999:blog-34323687.post-40510148029886429142016-10-25T14:15:52.518+01:002016-10-25T14:15:52.518+01:00MM, Re chart 2 - excuse my ignorance - has IG real...MM, Re chart 2 - excuse my ignorance - has IG really outperformed HY consistently over 16yrs ? <br /><br />Too good to be true indeed...Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-45659431153053746832016-10-25T07:58:58.199+01:002016-10-25T07:58:58.199+01:00Come on MM it hasn't been all bad! I would pre...Come on MM it hasn't been all bad! I would prefer the 2016 state of the world to 2009. Anonymousnoreply@blogger.com