The Fixed Income Contrarian - Horizon Kinetics

The Fixed Income Contrarian provides comprehensive investment recommendations on fixed-income securities with a focus on bonds issued by U.S. corporations. In the current low-interest rate environment, where the term "high-yield" has become somewhat of a misnomer, the service is aimed at identifying securities with relatively rich yields while avoiding unacceptably high credit risk. Recommendations often are based upon a contrarian view of company fundamentals where yields reflect investor misperception about balance sheet strength or the rate of balance sheet repair. The Fixed Income Contrarian Compendium provides commentary from Murray Stahl on the unprecedented pitfalls that high-yield investors now face, as well as the approaching risks for companies with a dependency on low-interest rates and yield-seeking investors.

  • > October 17, 2012
  • Iconix Brand Group 2.5% Convertible Notes due 6/1/2016
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