Nerd's Eye View

APRIL 3, 2024

As has been the case for the past several quarters, the prevailing characteristic of the economy is one of bifurcation, with interest rate-sensitive sectors remaining in a recession (as evidenced by the manufacturing sector's 16-month-long contraction), while the services sector (which accounts for nearly 80% of U.S. GDP) continues to expand.

Economics 68

Economics Marketing Valuation Profit and Loss 68

Barry Ritholtz

SEPTEMBER 26, 2023

But at the end of the day, the companies we invest in are bottoms up or based on bottoms up credit analytics that we have the conviction and we’ll return par plus accrued through through a cycle. And if they don’t, we’re happy to own them at the valuation that we are creating that company act.

Investments 52

Investments Economics Banking Construction 52

PYMNTS

AUGUST 26, 2019

At the same time, he said, a significant number of Western economies over the past several decades have outsourced as much manufacturing as they could to China to streamline costs. As a result, he said, Western economies have effectively offloaded the risk of economic contraction to China. It’s an awful situation for the Chinese.”.

Manufacturing 57

Manufacturing Currencies Economics Valuation 57

Barry Ritholtz

MARCH 12, 2024

And up until that moment in time, we didn’t spend a lot of time on credit risk in mortgages. We didn’t really have to model credit risk because that was, that risk was taken by the agencies. But in these private labels, you had the, the market was taking the credit risk.

Profit and Loss 57

Profit and Loss Investments Marketing Securities 57