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Daily Archives: 16th December 2018

16th December 2018

Don’t buy this dip

Things might not get better… It’s been the most difficult year and, having held on so well for so long, the credit market effectively capitulated in the final quarter. Spread widening accelerated, primary ground to a halt – we believe prematurely –  and total returns gapped lower through a difficult November and December as performance dropped sharply. […]
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