Eric summarizes and outlines the rationale for the re-engagement of risk at Signature and how their views have changed due to 2 main drivers:
The ECB and BOE through purchases of corporate bonds (programs initiated this year) have reopened credit markets. Credit markets today are wide open. Financing costs available to one and all on cheap rates.
The fed has now acknowledged they will not be able to raise rates materially. This has brought an end to the strong dollar chapter.
The views expressed do not necessarily reflect the opinion of Argosy Securities Inc. This does not constitute an offer or solicitation to buy or sell any of the securities mentioned. The information contained herein may not apply to all types of investors. Please consult a professional before making an investment decision.