Late cycle (21)
Investment strategy
The importance of risk management
A recent shark-diving experience highlighted the value of preparation and a cool head when dealin...
06 May 2022
4 min read
Taking a step back from day-to-day market movements, we have reflected on our team's overall...
As KKR bids for Telecom Italia, we ask whether credit markets have just moved ‘late cycle’.
With inflation continuing to rise and central banks beginning to act , we update our macro scenar...
Economics
Extending the cycle
The recent soft patch in growth and dovish shift from the Fed has made it less likely that the US...
20 Mar 2019
3 min read
A sharp slowdown in US earnings growth looks likely next year. Perhaps the more important questio...
US profits are booming, but could be set to change radically. We believe that an earnings recessi...
The US Senior Loan Officer Survey is signalling low recession risk, but how reliable is this...
