Access the Powerpoint slides of this month’s ET Pro monitors here.
Access the PDF version of the ET Pro monitor slides here.
Access the underlying Excel data here.
- We still see the credit cycle narrative structure as complacent, although anecdotally we have observed increasing expressions of concern in leveraged loans / direct lending / CLO land that are not emerging in this analysis.
- We are examining both sources and query structures to make sure we are capturing a sufficiently broad base of articles to represent this topic.
- Elsewhere, concerns emerging in credit markets appear to be broadly consistent with equity markets, which is to say focused almost exclusively on trade and tariffs issues.
- Also similarly to other monitors, we are seeing distinct narratives form around politically sensitive credit areas – in this case, farmers and students are emerging as debt topics of note in financial media coverage.
- No material change in sentiment or fiat news levels.
Narrative Attention Map
Fiat News Index
The three letters sparking fears of another global financial crisis [Sydney Morning Herald]
Markets Are Entering Trade War Purgatory [Bloomberg]
All eyes on Italy ahead of crucial S&P review [Global Capital]
Goldman to offer equity in new direct lending fund [Global Capital]