ITM Trading, Released on 1/10/23

An interesting thing is happening on the progress toward the transition between the LIBOR and the SOFR and it’s happening in the CLO market. We have about six months to go in this transition, and when it’s super quiet, it always makes me wonder what are they trying to hide? Because that could indeed create a huge surprise and you don’t wanna be surprised in a negative way.

0:00 LIBOR and SOFR Transition
1:56 Collateralized Loan Obligations
4:16 Debt Investors Fight Back
9:36 Strains in Credit Market
12:50 Distressed Debt
15:13 Central Banks Buy Most Gold in History
18:28 Protecting Your Wealth

Lynette Zang has held the position of Chief Market Analyst at ITM Trading since 2002. Ms. Zang has been in the markets on some level since 1964. Her mission is to convert financial noise into understandable language. She has been a banker, a stock broker and studied world currencies since 1987. She believes strongly that we need to be as independent as possible and at the same time, we need to come together in community in order to survive and thrive through the hyperinflation she sees in the near future.