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23/09/2016
TECHNICAL ANALYSIS vs FUNDAMENTAL ANALYSIS
Ben Graham once said that in the short-run, the market is a voting machine; in the long-run, the market is a weighing machine.
Technical analysis helps you think about how the market votes in the short-run. In practice, technical analysis is used by momentum and growth funds that look at short-term trends, while value investors are focused on the long-term valuation of the business and don’t use technical analysis.
30/08/2016
We’re currently sitting at cov-lite debt levels even higher than those prior to the 2008 credit crisis, which usually pre-dates economic troubles. Don't say we didn't warn you!
http://www.euromoney.com/Article/3394395/Gloves-come-off-in-the-fight-for-leveraged-finance.html
Gloves come off in the fight for leveraged finance @Euromoney Fed gets tough with Credit Suisse; cov-lite loans on the rise in US and Europe
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