Michael Riddell

 



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1
Investment grade corporate bond returns - where's the pain been?
Conventional wisdom says that corporate bonds have performed terribly since the credit crunch broke in July 2007. Yes, BBB rated corporate bond spreads are now wider than they were in the Great Depression, but you may be surprised to know that thanks to ... 		19-Dec-2008
2
Turning Japanese I think we're turning Japanese I really think so
Yesterday it was announced that UK CPI inflation for the month of October was minus 0.2%. The annualised rate of inflation dropped from +5.2% to +4.5%, the biggest year on year drop in UK CPI since April 1992. Inflation expectations have plummeted. The 5 ... 		19-Nov-2008
3
What's the risk of governments defaulting?
The vast sums of money being thrown by governments at banks right now have clear implications for developed countries' credit worthiness. Meanwhile, emerging market governments are facing a crisis of their own. I thought it would be useful to have a look ... 		23-Oct-2008