Fed, Apollo and BofA: Eight Charts Showing What’s Next.

Last week, Apollo Global Management’s Torsten Slok mentioned that the events of the last two weeks will lead to tighter financial and lending conditions equivalent to a 1.5% Fed Funds rate hike. This, of course, on top of the fastest move in rate hikes—ever—with more likely to come in an attempt to curb inflation. Actions […]

The Impact of Capital Spending on Employment

A new paper by experts at Wharton and elsewhere has set to rest “widespread concerns” that increased capital investment in equipment is at the cost of worker employment. In the study of tax incentives that boost capital investment in equipment at U.S. firms between 1997 and 2011, the experts found that such investment resulted in […]

Capital Goods Orders Surging Early This Year

 New orders for key U.S.-manufactured capital goods increased by the most in five months in January while shipments of those so-called core goods rebounded, suggesting that business spending on equipment picked up at the start of the first quarter. Some of the larger-than-expected rise in core capital goods orders reported by the Commerce Department on […]

The Fed: Senior Loan Officer Survey

Over the fourth quarter, significant net shares of banks reported having tightened standards on C&I loans to firms of all sizes.3 Banks also reported having tightened all queried terms on C&I loans to firms of all sizes over the fourth quarter.4 Tightening was most widely reported for premiums charged on riskier loans, spreads of loan rates over […]

Are credit markets tightening?

Despite all looking quiet on the fronts of high yield bonds and investment-grade credit, the credit markets are sending warning signals and a few odd disconnects to be aware of Read the full article here Beyond Traditional Lending Case Studies Tombstones Contact Us

Analyst warns of possible bizjet bubble

Newly released analysis from Ascend by Cirium shows that market values for many business jets have increased—perhaps unsustainably—during the post-pandemic period on a constant-age basis (comparing aircraft of the same age over time). While the preowned business jet inventory increased in the second half of 2022, pricing for completed transactions also rose and “buyer distress” transactions—where customers were […]

The preowned aircraft market downshifts but stays in gear

A market shift that accelerated through the end of last year has continued into 2023, with declining sales, increasing inventory, and softening prices. More on what these trends mean for buyers and sellers in a moment, but first some data points illustrating the change, and the forces driving it. Preowned business jet and turboprop transactions […]

Twin Engine Turbo Prop Market Update – 1Q23

Over the years, the Entry Level Jet category has been referred to by different names, muddied by marketing labels from manufacturers keen to carve out a niche within a relatively new segment. For example, Eclipse referred to its Eclipse 500 as a Very Light Jet (VLJ). Subsequent aircraft such as Diamond Aircraft’s D-Jet was marketed […]

Entry Level Jet Market Update – 1Q23

Over the years, the Entry Level Jet category has been referred to by different names, muddied by marketing labels from manufacturers keen to carve out a niche within a relatively new segment. For example, Eclipse referred to its Eclipse 500 as a Very Light Jet (VLJ). Subsequent aircraft such as Diamond Aircraft’s D-Jet was marketed […]

Capital Ideas: The Oil & Gas Capital Access Program

When economic winds blew against the industry and banks pulled back, an oilfield services provider was able to secure capital for mission-critical equipment to revenue opportunities they were needed most. With highly competitive rates, the ability to contain multiple finance structures, no covenants, and a pre-approved facility for future needs, the program increased access to […]