Financial Friday: Bonds...the new black?
The third quarter earnings season kicks into high gear next week and we speak with Tina Georgi about what to expect in gerneal an from some of the specific companies expected to report. Alcoa set an optimisitic mood for the season on Wednesday by reporting better than expected earnings and driving hundreds of stocks on both the New York Stock Exchange and NASDAQ to their highest levels in a year.
He Dynamic Duo this week asks the questions: Are the bonds the new black? Corporate bonds especially high yield have been the best performers so far this year and we look at whether this trend can continue as well as our bid for two bonds that are worth considering right now.
Jyske Markets will release both a preview of the third quarter earnings season and an outlook on the corporate bond market early next week on jyskebank.com.