The recent shakeout and numerous defaults in the US shale energy industry offer another vivid example of the performance differences between the fundamental - weighting and cap - weighting approaches in high yield.
As of now, we view
the recent shakeout action as a buying opportunity (with stops placed beneath that week's lows).
Not exact matches
The market
shakeout already under way throughout the Asia - Pacific region should concentrate capital in fewer, more experienced hands, easing the rampant competition that has kept asset prices high in
recent years.
The «undercut» of the 20 - day exponential moving average that occurred on the morning of March 31 was followed by a breakout above the high of the
recent range (from
shakeout to breakout in a few hours).
However, there seems a pretty good potential of a
shakeout of
recent trends as we move into 2018.