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

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

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.
(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)

vs.

#ffe4c4 Color Hex Bisque 1

#FFE4C4
(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 junk 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:

Is There a Wonk Bubble?

Felix Salmon at Politico Magazine:...

There may, or may non hold upwards a wonk bubble but I'll acknowledge at that spot in all likelihood is a nerd bubble.

HT: (blame) for this digression, Dan McCrum.