There are a variety of risks to consider when investing in AT1 Contingent Convertible bonds (affectionately known as ‘CoCos’). These financial instruments, issued by financial institutions, may appear peculiar on first inspection but, once you get to know these quirky financial instruments better, you will better appreciate their unique risk/return profile.
CoCos...
Whether you want to believe or not, study market cycles long enough and you will come to find that: ALL PROBLEMS START IN THE CREDIT MARKET...ALL OF THEM!!! !
To Wit: DHY often presages turns in the major market averages, and moreover, within corrective phases, often has a clear technical picture than the major averages, making it a good proxy for timing the...