What has changed in a week?  No new good news on the economy, corporate America or the consumer.  In fact the Consumer Confidence, or what we should now call the Consumer No-Confidence, report came in at 44.5, the lowest level … Continue reading →

The high yield market is on fire today, though still on thinner volume because of the upcoming holiday weekend. Short covering going in to month-end/long Labor Day weekend, ETF buyers coming back to the market, and the lack of inventory … Continue reading →

With Pimco’s incorrect bet on Treasuries in the news today—whereby they sold in February, right before the run-up we have seen in Treasury prices over the last several months—I thought this might be a good time to discuss our own … Continue reading →

Market volume was very thin this week as many Wall Street constituents headed out of town throughout the week, starting their yearly extended Labor Day vacation. High yield investors seem unable to pick a direction here, as technical issues continue … Continue reading →

Peritus’ Ron Heller, CEO and Senior Portfolio Manager, and Dave Desmond, Chief Operations Officer, will be attending the Morningstar ETF Invest Conference, where the top players in the ETF industry will be gathering in Chicago, September 21-23.  Come visit our … Continue reading →

We are not economists at Peritus, but we have to be intimately aware of what the business/economic conditions are for corporate America as we loan client money to corporations.  As I read all through this morning’s government economic releases, it … Continue reading →

Tim Gramatovich, Chief Investment Officer of Peritus, will be featured today (August 26th) on “Tim Connolly’s Winning Strategies” radio show at 1pm EST.  You can listen live on www.winningstrategies.net CRN Digital Talk Radio Network on CRN 4, broadcast by over … Continue reading →

We ended the day yesterday feeling better and high yield credit is better bid again this morning, as we seem to be determined to trade opposite of equities. Over the last couple days, high yield has sold off some while … Continue reading →