Tag Archives:

technology

The impact of the technology tantrum on US corporate bond valuations

It is fair to say that markets have become more lively of late. One sector in particular has been the epicentre of revived market volatility – Technology.

In the US high yield market, the US tech sector has weakened relative to the broader US high yield market. Given higher leveraged balance sheets, high yield bonds tend to be more sensitive to sector specific headwinds.

The chart below shows t…

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Clouds in the Valley – Dispatches from a tech conference

I was recently in San Francisco for an internet and technology conference. An array of senior tech managers spoke about their firms’ prospects, priorities and where they see opportunities. Twitter’s Jack Dorsey aside, the overwhelming focus of every session I attended over the three days was cloud computing.

Cloud computing is essentially the move away from users buying, owning and maintaining …

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Is it wrong to invest on space hardware? Will satellites put the ONS out of a job?

Two things last week that made me go “hmmm”.  Firstly: having written a blog on the impact of El Nino on global inflation (here), Anthony was contacted by a company who then came in to see us to discuss their business.  Using data from NASA and EU satellites, they produce earnings estimates for retailers, and forecast economic data.  By counting cars in Big Box parking lots from space, they gen…

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Chipping away at inflation

This week saw the 15th anniversary of the first ever web banner ad. HotWired (now defunct) was the first web site to sell banner ads in large quantities to a wide range of major corporate advertisers. HotWired coined the term “banner ad” and was the first company to provide click through rate reports to its customers. It was paid for by American telecommunications company AT&T.  And here it is:…

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