Tom Salemy, CFA, CAIA
In light of the seemingly non-stop news about the debt of Greece and its fellow PIIGS1 countries, the following article summarizes the latest efforts to rectify the sovereign debt issues which have roiled markets across the world. In particular, new programs and commitments from assorted European institutions are summarized, along with the market ramifications – opportunities and risks – of the ongoing debt challenges in Europe.
The second quarter of 2020 proved to be as eventful as the first, with slow economic results being largely ignored…
The onset of the global pandemic caused by COVID-19 has created substantial stress in the financial markets and the broader…
Year-to-date, bank loans and high yield bonds have been subject to a variety of market forces similar between the two…
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