Media – Blog
May 7, 2020
The oil and gas industry is being hit hard from all sides, with a historic glut and a collapse in demand for oil occurring simultaneously. Given the current situation, drastic production cuts across the world will be necessary to support the oil market and limit its inevitable ripple effects on
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March 20, 2020
At Capital Advisors Group, we have advised hundreds of early-stage companies on billions of dollars of debt transactions over the past 17 years. We’ve learned that every deal is different, and every company’s capital structure is unique. But one thing never seems to change: even the best-laid plans can go
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February 13, 2020
The World Health Organization has finally given the coronavirus outbreak in China an official name: COVID-19, for “Coronavirus Disease 2019.” Unfortunately, that’s one of the only things we know for sure about the new disease, even as the outbreak extends well into its third month. Consider everything we don’t yet
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February 10, 2020
The coronavirus has been the major event in the global economy so far this year. With more than 40,000 confirmed cases globally as of 2/10/2020, it has already surpassed prior flu pandemics. It has resulted in the effective quarantining of the city of Hubei, along with severe travel restrictions in
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February 8, 2020
The 2019 mid-September liquidity squeeze in overnight repo markets was perhaps the single most noteworthy event in the cash markets last year. As we noted at the time, the event posed major questions about the post-crisis banking regime and its impact on banks’ ability to lend out reserves. It also
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January 13, 2020
Every January, we point to three trends cash managers should keep an eye on in the coming year. In 2019, we hit the nail on the head when we highlighted the inverted yield curve, trade wars, and Brexit. Each of those issues kept institutional cash managers busy all year. First,
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December 20, 2019
If you are among the 20 percent of institutional cash managers who don’t have a formal investment policy statement, it may be time to draft one. And if you do have one, December is a good time to dust it off and update it for the coming year. According to
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November 13, 2019
After three interest rate cuts since July, the Fed signaled last month that it finally expects to take a breather, with no more moves for a while. But that only means we have to start wondering what may come next. Will the recent spate of positive economic news prompt the
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October 18, 2019
When overnight repo rates temporarily rose from 2% to 10% in September, some dismissed the spike as an unfortunate but rare confluence of idiosyncratic circumstances. But if that makes you think the liquidity crunch was a one-time event, think again. Our October research report, Repo Ruckus Reveals Hidden Issues in
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September 26, 2019
Are you feeling as uneasy as I am? China's growth is slowing, Brexit is looming, and winds of war in the Middle East have sent oil prices on a roller coaster. Closer to home, the yield curve is inverting, corporate debt is mushrooming, and just last week Wall Street and
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