Search Results for: performance

Market Action

October 26, 2017

The winner of the Charles Brandes Prize, awarded by the Brandes Institute, has been announced and is an excellent effort by Samuel M. Hartzmark and David H. Solomon titled The Dividend Disconnect: We show that …

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Market Action

October 25, 2017

The big news today is that the Bank of Canada did not change policy: The Bank of Canada today maintained its target for the overnight rate at 1 per cent. The Bank Rate is correspondingly …

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Market Action

October 24, 2017

HIMIPref™ Preferred IndicesThese values reflect the December 2008 revision of the HIMIPref™ IndicesValues are provisional and are finalized monthly Index MeanCurrentYield(at bid) MedianYTW MedianAverageTradingValue MedianMod Dur(YTW) Issues Day’s Perf. Index Value Ratchet 0.00 % 0.00 …

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Market Action

October 23, 2017

HIMIPref™ Preferred IndicesThese values reflect the December 2008 revision of the HIMIPref™ IndicesValues are provisional and are finalized monthly Index MeanCurrentYield(at bid) MedianYTW MedianAverageTradingValue MedianMod Dur(YTW) Issues Day’s Perf. Index Value Ratchet 0.00 % 0.00 …

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Market Action

October 20, 2017

HIMIPref™ Preferred IndicesThese values reflect the December 2008 revision of the HIMIPref™ IndicesValues are provisional and are finalized monthly Index MeanCurrentYield(at bid) MedianYTW MedianAverageTradingValue MedianMod Dur(YTW) Issues Day’s Perf. Index Value Ratchet 0.00 % 0.00 …

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Market Action

October 19, 2017

How about a good news drone story? One company may be giving your local food delivery person some cause for worry, or atleast a run for his money. Project Wing, which is a drone delivery …

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Market Action

October 18, 2017

PerpetualDiscounts now yield 5.32%, equivalent to 6.92% interest at the standard equivalency factor of 1.3x. Long corporates now yield about 3.95% so the pre-tax interest-equivalent spread (in this context, the “Seniority Spread”) is now about …

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Market Action

October 17, 2017

The Boston Fed has published a fascinating paper by Daniel H. Cooper, María José Luengo-Prado and Jonathan A. Parker titled The Local Aggregate Effects of Minimum Wage Increases: As part of the Fair Labor Standards …

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Market Action

October 16, 2017

HIMIPref™ Preferred IndicesThese values reflect the December 2008 revision of the HIMIPref™ IndicesValues are provisional and are finalized monthly Index MeanCurrentYield(at bid) MedianYTW MedianAverageTradingValue MedianMod Dur(YTW) Issues Day’s Perf. Index Value Ratchet 0.00 % 0.00 …

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