Client Newsletter 4Q22
Dear Ambassador Family, 2022 has been a momentous year! It has reminded us that investments do not just travel in one upward direction. We will discuss how we see things near and longer term. In short, we still lean toward playing defense, though we could see temporary reprieve in the markets. We have emphasized defense, Read more ➝
Investments 101: High Yield Corporate Credit: Don’t Worry, Be Happy?
The US high yield corporate bond market is pricing in benign news for future credit defaults. How credible is this message? How might this impact other parts of your investments? The above chart suggests high yield corporate bonds are enjoying calm weather. Data compiled by Cohanzick Management, a New York-based asset manager, and Bank America Read more ➝