Commentary
The Great Stay-In (Last of a Series)
As we wrap up our multi-part series on the COVID-19 crisis, we turn our attention to the path ahead, as…
Read MoreThe Great Stay-In (Eighth of a Series)
“The GFC was a crisis that began on Wall Street and spread to Main Street. COVID-19 is a crisis that…
Read MoreThe Great Stay-In (Seventh of a Series)
On March 12 we began this special series on COVID-19 with a sense that America would soon be forced out…
Read MoreThe Great Stay-In (Sixth of a Series)
This week we wrap up our conversation with Brian Nick, Nuveen’s chief investment strategist: The Lead Left: Brian, how do…
Read MoreThe Great Stay-In (Fifth of a Series)
“As goes COVID-19, so goes the nation.” Paraphrasing the famous 1950’s dictum on General Motors’ relationship to the welfare of…
Read MoreThe Great Stay-In (Fourth of a Series)
“We did not underwrite for this.” So said the managing partner of a top-tier middle market private equity firm. In…
Read MoreThe Great Stay-In (Third of a Series)
“The three main U.S. stock indices closed at record highs as concerns over the coronavirus outbreak’s economic impact seemed to…
Read MoreThe Great Stay-In (Second of a Series)
This week we’ve been doing bedchecks on our lender friends in the credit markets. We caught up with one long-time…
Read MoreThe Great Stay-In (First of a Series)
In our January 8th 2020 commentary, “Of Bubbles and Gum”, we reviewed credit market conditions in the wake of the…
Read MoreTop Ten Myths About Private Credit (Last of a Series)
Myth #9: “Without a public benchmark, private credit returns aren’t dependable” Private credit assets are illiquid, and don’t trade. That…
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