ARDC News and Press, Ares Dynamic Credit Allocation Fund Inc. From 03/30/20

Normally I wait until after the end of the quarter to report on our Income Factory's performance, but I know that every day counts for readers making decisions about their own portfolios who want as many viewpoints as possible. And besides, waiting a few more days until the end of the month wo...

By Brian Levitt, Global Market Strategist, North America ; Timothy Horsburgh, CFA, Investment Strategist ; and Talley Léger, Senior Investment Strategist Our Global Market Strategy team is examining a new set of indicators to gauge when a new market cycle may be ready to begin. ...

“Convince me why I shouldn’t buy junk bonds.” It wasn’t a challenge. My colleague Kyle was looking at some of the juicy yields on offer in high-yield bonds and was legitimately wondering why he shouldn’t load up his IRA with them. I’m not saying ...

As we roll through 2020, it is quite evident that we are all having an out of time, and space, and experience, moment. It is a medical crisis leading to a health crisis enlarging into an economic crisis and they are all three happening simultaneously. Each crisis founded upon the shoulders of ...

The credit market will be pivotal during the current crisis. In 2008, we had a problem in the credit market (Subprime mortgages), which made financial institutions move into credit tightening mode. Soon, that start cascading into the real economy. The current environment inverts that relation...

Everyone Wanting To Buy Suggests The Bear Still Prowls "If you own 10% equities, as we do, and the market falls 100%, you will lose 10%. That said, you have 90 cents on the dollar to buy equities for free." - Michael Lebowitz Let me explain his comment. Last week, we wrote a...

The market is in full panic mode due to the unprecedented economic upheaval and uncertainties caused by the spread of Coronavirus. The market has swung more than 4% in either direction for eight consecutive sessions now, which is a record in itself. In response, the Fed and the government have...

Is now the time to buy? For the last year or so we have attempted to invest conservatively, focusing on U.S. Treasury and Agency securities, as well as very high credit quality securities in corporate bonds and asset-backed securities. We tried to stay on the sidelines of risk as much as ...

Guggenheim CIO Scott Minerd says investment-grade and high-yield paper - as measured by their spreads to Treasurys - have only been cheaper than right now less than 10% of the time. More news on: PIMCO Corporate&Income Opportunity Fund, iShares iBoxx $ High Yield Corporate Bond ETF, ...

"We penetrated deeper and deeper into the Heart of Darkness" - Joseph Conrad, Heart of Darkness At the beginning of 2020 I said that the New Year would be nothing like the last year. Things are playing out as predicted, with Coronavirus thrown in for good measure, and with devastating co...