I’ve updated my investment ideas page. (members click here). As always, this week’s write-up includes specific equity, ETN, and ETF analysis. Updates of note this week include a new idea in the natural gas pipeline space, and a new position north of the border.
Here’s a sample from this week’s update, specifically on high yiedl corporates:
US corporates are very expensive with corporate debt levels relative to cash flow at historic highs. Spreads are very tight with little room for error. Stay short HYG. Further monetary tightening on top of a slowing US economy is not a good combination for high yield. Noteworthy in HYG this past week was its weakness driven by a selloff in energy high yield.
To read more click here.
If you are not yet a member, feel free to check out your options on the membership (and take a free 10 day trial):
And talk to us in the chat box in the lower right corner of the site if you have questions (membership coupons available!)
Peter is the Chief Market Analyst with The Lindsey Group. He is Co-CIO at Bookmark Advisors, a member of the Advisory Services Network and a regular CNBC Contributor.