The S&P and the BDC sector went in different directions in Week 7 of 2023 and as BDC earnings season marched on.
The irresistible increase in BDC sector prices came to an end this week. Whether this is just a pause that refreshes or the beginning of a downturn may depend on the changing credit picture.
Everything is in rally mode, including the BDC sector. Admittedly, this week the metrics were a little weaker, as we’ll discuss.
Another very good week where BDC prices are concerned, as the rally rolls on. Will a sudden increase in credit troubles cause investors to re-think or do the good times continue to roll ?
According to Bloomberg, JP Morgan is getting into lending its own capital in the largest buyouts, in competition with several public BDCs. We discuss the story and review the possible implications from a variety of perspectives.
Many more bankruptcies occurred in week two than in week one of 2023, but the damage done to the public BDC sector was low.
The second week of 2023 saw the BDC sector – and most everything else – rising in price again. We crunch the numbers and question what lies ahead.
Week One of the new year saw BDC sector prices increase. We discuss why investors were in a good mood and where the sector stands in what should be a very interesting year.
Given that credit issues will be a dominant issue in 2023, the BDC Reporter is launching a new weekly series recapping the latest credit developments in the sector.
The last BDC Common Stocks Market Recap of the year has arrived and there’s no good cheer to offer. We warn that anyone expecting better days ahead may have a wait on their hands. Happy New Year !
With just one week to go in 2022 Santa Claus is not coming to the rescue. We review how BDC sector prices moved this week and through this almost ended year.
For BDC prices, 2022 is ending with a whimper. We review current investor concerns, their impact on recent prices and what might cause a drastic change.
No seasonal cheer as yet for the markets – or the BDC sector.
BDC sector prices dropped as a difficult year comes to a close, but remain caught in limbo between earlier highs and lows. We discuss what might cause a break-out, either up or down.
We re-publish an article from BDC Best Ideas which dissects a Barron’s feature on the BDC sector.
BDC sector prices move up after a week’s pause but remain well below the April highs. We discuss the credit challenges ahead and how prices might respond.
Good news on inflation lifted all boats, including the BDC sector.We discuss what needs to happen for the rally to continue.
The BDC Reporter highlights the key issues involving BlackRock Capital Investment, drawn from its recent conference call.
We begin by describing how the BDC sector held up price-wise for the week. We follow up with our thoughts about what might happen to the BDC sector in the critical quarters to come.
The BDC sector moved up in price very sharply in the week ended October 28, 2022. Will that continue ? We have thoughts.
