Hedge fund Bronte Capital shorts corporate debt as bankruptcies boom afr.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from afr.com Daily Mail and Mail on Sunday newspapers.
Higher interest rates are propelling big banks, whose stocks are rising. But investors are bracing for rougher seas as funding challenges and competition intensifies.
The rate-induced boost to bank margins and strong capital buffers are slated to carry Australia’s banks through a looming hit to credit quality. The benefits of eight consecutive hikes to the cash
The ‘Roaring 1920s’ was a decade of economic growth and widespread prosperity. COVID set this century’s ‘20s off to a slow start, but have now set the scene for a resurgence of the Value style to its prime.