Van Hesser's 3 Things in Credit - A KBRA Podcast

By KBRANews Business News

Van Hesser's 3 Things in Credit - A KBRA Podcast episodes

July 21, 2023 Recession Risk, Tightening Consumer Credit, and Cap One’s Insight
This week, our 3 Things are: 1. Recession risk. From the Trade’s perspective. 2. Tightening the box. It’s tougher to get a consumer loan. 3. Capital One’s color on the consumer. Always insightful.
11 min
July 14, 2023 Cool CPI, Tight Jobs, and Revenge Spend
This week, our 3 Things are: 1. That CPI report. Just how shocking was it? 2. Jobs market. Disinflation and low joblessness? 3. Revenge spend. Is it fading?
10 min
July 07, 2023 Distressed Buildup, Consumer Sentiment, and Corporate Earnings
This week, our 3 Things are: 1. Distressed credit diverges from spreads. Does that make sense? 2. Consumer sentiment bounces. Perspective is important. 3. Corporate earnings growth. It is important to understand what has been driving it.
11 min
June 30, 2023 Midyear View, Valuation Drivers, Deflationary Reversals
This week, our 3 Things are: 1. Midyear observations. Risk is very well bid. 2. Second half valuation drivers. We’ll go through a point-by-point rundown. 3. Deflationary force reversal. What does it do to cost structures?
13 min
June 23, 2023 Exuberance, Freight Recession, and Credit Contraction
This week, our 3 Things are: 1. Exuberance. Is it rational or irrational? 2. Freight recession. It’s real, and we’re not out of it yet. 3. Credit contraction. It’s happening, and it leaves a mark.
10 min
June 16, 2023 The Fed’s Skip, AT1s, and Default Dynamics
This week, our 3 Things are: 1. The “super hawkish skip.” Here’s what it means for credit. 2. AT1s are back. And they should be. 3. Default dynamics. What’s relevant in this cycle?
10 min
June 09, 2023 Excess Profits, Uncertainty, and Services’ Weakness
This week, our 3 Things are: 1. Excess profits. We should not be surprised when they get competed away. 2. Uncertainty. No shortage of divergent views of where we’re headed. 3. Services’ weakness. It’s here, and that’s good and bad for credit.
11 min
May 19, 2023 CRE Risk, Retailer Guidance, and Insurance Company Demand
11 min
May 12, 2023 Corporate Earnings, Consumer Spending, and Institutional Demand for Credit
This week, our 3 Things are:
1. Corporate earnings growth. It’s holding up better than some have forecast. Here’s why.
2. Consumer spending. The latest data suggests that changes are afoot.
3. S&P walks back proposed changes to its insurance methodology. Here’s why broad-based credit investors should care.
10 min
May 05, 2023Regional banks, Banks and CRE, and Homebuilders
This week, our 3 Things are:
Regional banks. How irrational is the selling pressure?
Bank exposure to commercial real estate. It is often overstated and misunderstood.
Homebuilders. Cyclical or growth story?
10 min

About Van Hesser's 3 Things in Credit - A KBRA Podcast

From the publisher's feed

Each week, KBRA's Chief Markets Strategist, Van Hesser will address three things that caught his attention in credit markets that are relevant to credit investors.