We have looked at what impact auto finance companies had
on the high yield market performance in December. This is
based on ML global High Yield (HW00)which was up 6.82%.
auto financials 56.4%
auto ex auto financials 0.9%
other financials 13.2%
chemicals -1.0%
remainder 30.6%
Saturday, January 10, 2009
High Yield Sector Performance in December
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Lunch is for wimps
It's not a question of enough, pal. It's a zero sum game, somebody wins, somebody loses. Money itself isn't lost or made, it's simply transferred from one perception to another.
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