There are massive defaults in CMBS, corporate mortgage backed securities. And then, the big ones are New York City and New York state. They’re both insolvent, which means the federal government has to bail them out. We think New York City, New York State and Illinois need about a $500 billion bailout. Everyone knows the Fed …
Continue reading “CMBS “Under The Surface, Trouble Is Brewing Once Again” | Zero Hedge”
Gavin Newsom has destroyed California agriculture. LOS ANGELES — Near downtown Los Angeles, a meat processing plant ramped up production even as it worked to keep frontline employees separated from one another. In Salinas, Calif., a — Read on http://www.northwestgeorgianews.com/content/tncms/live/ The fallout has been particularly severe in California, where more than a third of the …
I think supply chain managers will think differently about how they value agility, whether or not they’re willing to pay a little bit more to have a contract with a vendor that might be able to go online quickly if need be. My expertise is in the retail space, and I think we’re going to …
Continue reading “How will COVID-19 change the supply chain? | Chicago Booth Review”
While conducting research for the white paper, Risk Ledger found that extraordinary pressure is being put on IT and security teams to secure remote working infrastructure and other crisis measures. Haydn Brooks, Founder and CEO of Risk Ledger, said, “We see many companies, particularly medium-sized service providers in the supply chains of large enterprises, struggling …
Quantzig brings to you three success stories that illustrate how businesses can tackle the impact of COVID-19 using supply chain analytics. — Read on http://www.businesswire.com/news/home/20200506005546/en/COVID-19-Impact-Global-Supply-Chains-Quantzig-Brings Quantzig’s supply chain analytics solutions extend beyond the capabilities of BI tools used for dashboarding and reporting to include analytics capabilities like ad hoc querying, predictive modeling, and supply chain …
Clifford: Coronavirus exposes vulnerabilities in the food supply chain – Brownfield Ag News — Read on brownfieldagnews.com/news/clifford-coronavirus-exposes-vulnerabilities-in-the-food-supply-chain/ Retailers across the United States are limiting meat purchases as fallout from the coronavirus begins to be felt in the U.S. food supply chain. Warehouse retailer Costco, along with grocery chains Kroger and Wegmans, have all enacted purchasing limits to …
Hedge Fund Sold CLOs to BofA at 80% Discount Amid Cash Squeeze — Read on http://www.bloombergquint.com/markets/hedge-fund-sold-clos-to-bofa-at-80-discount-amid-cash-squeeze BloombergQuint 5+ SUBSCRIBELOGIN Hedge Fund Sold CLOs to BofA at 80% Discount Amid Cash Squeeze Lisa Lee Alastair Marsh Sally Bakewell May 06 2020, 9:23 PM May 07 2020, 11:31 AM (Bloomberg) — In one of the more desperate …
Continue reading “Hedge Fund Sold CLOs to BofA at 80% Discount Amid Cash Squeeze”
PetroAmazonas’ senior unsecured notes rating reflect those of Republic of Ecuador as a guarantor. The downgrade of Ecuador’s rating to ‘RD’ on April 20th follows the agreement by commercial bondholders to the government’s “consent solicitation” to defer upcoming bond repayments by four months. Fitch considers this the first step in a distressed debt exchange (DDE) …
We expect most German ABS ratings to remain unchanged under this baseline scenario. Most ratings are high-investment-grade and most transactions benefit from increased credit enhancement (CE) driven by quick amortisation, as well as sufficient liquidity protection. We have affirmed all outstanding tranches of fully-tranched transactions, which are most vulnerable to performance deterioration. Tranches rated ‘AAAsf’ …
Continue reading “Coronavirus to Weaken German ABS Asset Performance”
an unprecedented global event and Colony Credit Real Estate remains committed to the welfare of all of our stakeholders as we navigate this evolving situation.” Tweet this Michael J. Mazzei commented, “First and foremost, we want to convey our best wishes for everyone’s health and safety during these difficult times. The COVID-19 pandemic remains an …
COVID and Supply Chains 