History will not be kind to them.

Years from now, when historians look at the “big ease” after the “great recession” of 2008, we suspect the reviews of some central bankers of the recent era will not be favourable. Read More

Skid alert!

Trying to tame China’s extreme corporate leverage is akin to tapping on your car’s brakes while driving on an icy road. Tap too hard and you can lose control. Read More

The Best Bond?

Right now, Spectrum sees floating rate notes in investment grade companies as offering the best risk-return outlook in the A$ bond market. Read More

The problem with “bubbles”.

To abstain from investing in the largest part of A$ corporate bond market – Australian banks – on fears that problems may emerge is, in our view, a dis-service to investors. Read More