Bond Guru Martin Fridson Erroneously Refers To The Fiscal Times Equally Salmon Colored
It's bisque, dammit!!!
From FT working capital alphabetic quality markets reporter Robert Smith
(shorthand was something journos used to create to accept notes at high speed, I looked it up)
The "distinctive shade..." is no longer flora via a cursory search (the statement on slavery is even too then there, the FT is against it) but hither are the contenders via Color Hex.
Using the red/green/blue color codes, at that spot are others formulas, follow the links if interested:
#ffa07a Color Hex Light Salmon
vs.
#ffe4c4 Color Hex Bisque 1
So yous enjoin me
Regarding the less of import component division of Fridson's comment, "junk bond" or "high-yield" here's a 2013 post:
From Bloomberg:
Default ‘Wave’ of $1.6 Trillion Looming for Junk, Fridson Says
That said, nosotros similar Mr. Fridson who is miles ahead of the otherjunk high-yield maven, Edward Altman.
After Altman left academia he went to Morgan Stanley too flora an historical 1% default rate.
Of class is was totally inwards mistake but MS marketing guys liked it.
And he's dorsum at NYU too no ane always mentions the 1% thing.
But salmon? Here's salmon:
HT: (blame) for this digression, Dan McCrum.
From FT working capital alphabetic quality markets reporter Robert Smith
Yes, I know the FT's website used to say the newspaper was a "distinctive shade of salmon pink." but that was but a less-than-perfect shorthand.I used the give-and-take "junk" prominently inwards the FT too triggered U.S.A. high-yield bond doyen Marty Fridson, too then he devoted his monthly regime annotation to bond-splaining the marketplace to me pic.twitter.com/4TrXx4o00G— Robert Smith (@BondHack) September 26, 2018
(shorthand was something journos used to create to accept notes at high speed, I looked it up)
The "distinctive shade..." is no longer flora via a cursory search (the statement on slavery is even too then there, the FT is against it) but hither are the contenders via Color Hex.
Using the red/green/blue color codes, at that spot are others formulas, follow the links if interested:
#ffa07a Color Hex Light Salmon
#FFA07A
(255,160,122)
(255,160,122)
vs.
#ffe4c4 Color Hex Bisque 1
#FFE4C4
(255,228,196)
(255,228,196)
So yous enjoin me
Regarding the less of import component division of Fridson's comment, "junk bond" or "high-yield" here's a 2013 post:
From Bloomberg:
Default ‘Wave’ of $1.6 Trillion Looming for Junk, Fridson Says
Almost $1.6 trillion of junk bonds globally volition default betwixt 2016 too 2020, according to Martin Fridson, main executive officeholder of New York-based FridsonVision LLC, a interrogation theater specializing inwards speculative-grade debt....I don't recollect Marty objecting to the freakin' headline putting "junk" following to his name.
That said, nosotros similar Mr. Fridson who is miles ahead of the other
After Altman left academia he went to Morgan Stanley too flora an historical 1% default rate.
Of class is was totally inwards mistake but MS marketing guys liked it.
And he's dorsum at NYU too no ane always mentions the 1% thing.
But salmon? Here's salmon:
Is There a Wonk Bubble?There may, or may non hold upwards a wonk bubble but I'll acknowledge at that spot in all likelihood is a nerd bubble.
Felix Salmon at Politico Magazine:...
HT: (blame) for this digression, Dan McCrum.
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