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RILYM - B. Riley Financial Inc.: A Countercyclical Jack Of All Trades Committed To Shareholder Returns
B. Riley Financial Inc. 6.375% Senior Notes due 2025
Pleasure is none, if not diversified. - John Donne
As I've previously discussed with the subscribers of the Lead-Lag report, there are various ways to gauge a pickup in risk sentiment across markets; one rather simple way of going about this is to keep track of the nature of relative fund flows towards the defensive and cyclical sectors. Looking at the data, I see that over the last couple of months, we've seen a shift in flows towards cyclical industries such as financial services. Recently, I had advised investors who were keen to get some