Research Firm with a Qualitative Overlay, Pearl Gray Equity and Research

Pearl Gray Equity and Research

Quantitative fund & research firm with a qualitative overlay. 

Our coverage: General U.S. with a skew towards the primary sector. 

Methods: Smart Beta/Factor Pricing, Neural Networks, Street Gossip, and Common Sense.

Research Firm with a Qualitative Overlay

Equity Bottom-Up

Spdr Portfolio High Yield Bo / Equity Bottom-Up

<ul>
<li>Key indicators suggest the SPDR® Portfolio High Yield Bond ETF might benefit from price returns in the coming quarters.</li>
<li>Investors will soon "down credit" and "down duration" amid receding market risk premiums coupled with an improving U.S. current account, we say.</li>
<li>Today's analysis covers the SPDR® Portfolio High Yield Bond ETF (<span class="ticker-hover-wrapper">NYSEARCA:SPHY</span>), which is a U.S.-centric high-yield corporate bond exchange-traded fund, or ETF, managed by State Street Global Advisors.</li>
</ul>


Key indicators suggest the SPDR® Portfolio High Yield Bond ETF might benefit from price returns in the coming quarters.
Investors will soon "down credit" and "down duration" amid receding market risk premiums coupled with an improving U.S. current account, we say.
Today's analysis covers the SPDR® Portfolio High Yield Bond ETF (NYSEARCA:SPHY), which is a U.S.-centric high-yield corporate bond exchange-traded fund, or ETF, managed by State Street Global Advisors.


SPHY ETF: Rare Opportunity For Price Gains