Remove CFA Remove Debt Remove Utilities
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Fixed Income Research: The Overlooked Younger Brother of Equity Research?

Mergers and Inquisitions

Partially, it’s an issue of accessibility: Everyone understands what happens to the stock price if a company beats earnings… …but few people understand what it means if a company is set to violate a debt covenant on page 214 of its credit agreement. the appropriate debt vs. equity mix, and additional capital needs over the next few quarters.

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2023 First Quarter Review & Commentary

FineMark

This scenario will have a disproportionate, negative effect on both commercial real estate borrowers and small-to-medium-sized businesses that aren’t large enough to access the public debt markets. Note: These investments are suitable for clients with both significant financial wherewithal and an ability to bear illiquidity risk.

Bank 52
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2023 Third Quarter Review & Commentary

FineMark

As the quote from Warren Buffett above suggests, we share his view on the utility of short-term market forecasts. budget deficit and its upcoming substantial debt repayment, which will require refinancing in the next three years and expand the size of current Treasury auctions. With a current net worth of $115.7

S&P 52