Market Commentary (June 2016)
Our sixty-page market commentary for the month of June, including macro analysis and trade ideas across asset classes-- macro, volatility,...
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Asia - Interest Coverage Data Is Dire for India, and China
We examine interest coverage in the corporate sector for several countries in Asia; given the broad range of interest coverage across Asia by...
209 Views
Asia - Radical Impairments Are Normal
Sometimes we can forget, that impairment costs usually don’t rise gradually.We also sometimes forget that impairments can affect banks that are...
219 Views
Chinese Banks: BOC Has Minimum 10% Downside Potential - 3 Month View
Daniel Tabbush (Tabbush Report) published an interesting note on the Chinese banking sector on 12 May 2016. I was interested to run my technical...
233 Views
Quantifying Markdowns for China's Banks
Most should be aware by now that China’s banks have considerable loan-like risk, but misclassified as securities.(We have detailed this previously...
252 Views