FYI: I recently sat down with a fellow ETF strategist, and he asked me about our current outlook for the corporate credit environment. Not too long ago, I was calling for caution in this segment.
I mentioned to him that investment-grade valuations look more attractive (Figure 1) following the corporate credit sell-off over the past few months, but that risk is now beginning to shift from lenders to stockholders.
Regards,
Ted
https://www.etf.com/sections/etf-strategist-corner/growing-risk-dividend-focused-etfs?nopaging=1
