April 28, 2023 ARC Report
Key ARC Findings for the Week of April 29, 2023: ARCs declined slightly last week from $332 billion to $320 billion. The difference between face
Key ARC Findings for the Week of April 29, 2023: ARCs declined slightly last week from $332 billion to $320 billion. The difference between face
Key ARC Findings for the Week of April 22, 2023: The ARCs remained relatively constant over the last week at $332 billion. The difference between the
ARCs are bonds trading with a YTM>10% and not in default. They measure the tip of the iceberg of financial distress.
An overview of the last twelve months, May’s ARC chart shows double the trouble from April 2022 to May.
One of the signatures of James Bond is his fondness for martinis prepared in a specific manner: “shaken, not stirred”. In some ways, “shaken, not stirred” also reflects today’s markets —shaken, but not stirred by the pandemic.
In the 2020 Olympics we saw that unforeseen strains can impact leaders. But we also witnessed the benefits of having a strong enough team and deep enough bench that others can step up in unfortunate circumstances. What about your business? What if your CEO gets a case of the corporate twisties and cannot perform?