At a fascinating macro talk this morning by a Goldman Sachs strategist, he mentioned a “lopsided barbell” of credit. To the biggest firms with the best ratings — think IBM or MSFT — money is basically free, with coupon yields at sub-2%. But to middle-market (say, $100M – $500M sales) and lower-end of middle market [...]
Posts Tagged ‘goldman’
RevenueLoan meets Disneyland, capitalism, America, and God.
A family trip caused me to end up at Disneyland, the old-school Anaheim original, on the day of a Disney-sponsored half-marathon. (The surreality of that event, with its mouse-ear-bedecked joggers and tutu-clad princesses, could merit its own blog post.) But what got me thinking the most was a sight from after the race, and it [...]