Talking about "pirate credit", if you think private credit is having some trouble, you can write about the current state of private equity (continuation funds, "democratisation of private equity", exits...) some day
Remarkable strength in the steel sector - breaking a 15-year high certainly raises the question of whether this momentum can carry through the 2010 resistance. Exciting times for cyclical plays.
Thank you for your comment. Indeed, if the 2010 resistance is broken, a possible target could be the all-time highs set in 2008 and nearly fifty percent above current level.
Thanks for everything you write André!
Talking about "pirate credit", if you think private credit is having some trouble, you can write about the current state of private equity (continuation funds, "democratisation of private equity", exits...) some day
Good idea, but I will lose even more friends :-)
🤣🤣
The correlation between commodities and equities you highlight feels like a late-cycle signature that is strong but increasingly fragile.
That is a very astute comment. A last hurrah?
Remarkable strength in the steel sector - breaking a 15-year high certainly raises the question of whether this momentum can carry through the 2010 resistance. Exciting times for cyclical plays.
Thank you for your comment. Indeed, if the 2010 resistance is broken, a possible target could be the all-time highs set in 2008 and nearly fifty percent above current level.