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“While the economic data is coming across as mixed, the market and investors are willing to give it the benefit of the doubt,” said Lale Topcuoglu, senior fund manager at J O Hambro Capital Management Group in New York. “Both (credit and equity) markets are getting onto this weird cycle where they’re pointing fingers at each other in the absence of any economic news.”. Graphic: Junk bond credit spreads are narrowing again, click tmsnrt.rs/2CQ1V4s. Still, equity markets are flashing green, and market volatility, which rises when investors are anxious, is not far off last fall’s lows when stocks were last at a record.

While such measures of equity investor sentiment do not yet fully reflect the recovery in stocks, as confidence rises it could lift them further, said Charlie Bobrinskoy, vice chairman at Ariel Investments in Chicago, “I’m worried that the high-yield market is a bit overpriced,” he said, “Having said that, I’m still pretty confident about stock prices for the rest of the year.”, ferragamo cufflinks Credit spreads, or the amount paid to investors above Treasury yields to compensate for holding riskier debt, are also cause for optimism..

Even when 3-month Treasury yields briefly overtook 10-year rates, junk bond spreads remained relatively narrow. That also shows investors aren’t overly worried, said Keith Lerner, chief market strategist at SunTrust Advisory Services in Atlanta. With spreads continuing to tighten, keep an eye on financial stocks in particular, said Jim Paulsen, chief investment strategist at the Leuthold Group in Minneapolis. Spreads and the total return of the S&P 500 Financials index are closely correlated, but financials have not yet fully recovered from December’s rout even as junk bonds have made new highs.

(Reuters) - Ethiopian authorities will deliver their first report on the crash of Ethiopian Airlines flight 302 on Thursday at 10:30 a.m, local time (0730 GMT), a source told Reuters, Some 35 nationalities were among the 157 passengers and crew who died when the new Boeing 737 MAX 8 plane crashed just 6 minutes after take-off from the capital Addis Ababa in clear conditions, The March 10 disaster was the second crash of a MAX 8 in five ferragamo cufflinks months and has prompted the worldwide grounding of Boeing’s best-selling plane..

TOKYO (Reuters) - Ousted Nissan boss Carlos Ghosn promised to “tell the truth” at a news conference next week, taking to Twitter to announce his first briefing since being released on bail and hours after a report that prosecutors were preparing a fresh case against him. Ghosn, widely lauded for rescuing Nissan Motor Co from the brink of bankruptcy two decades ago, has experienced a dramatic fall from grace that shook the global auto industry and raised questions about the future of Nissan’s alliance with France’s Renault SA.

He was ferragamo cufflinks arrested in Tokyo in November and faces charges of financial misconduct and aggravated breach of trust over allegedly failing to report around $82 million in salary and temporarily transferring personal financial losses onto Nissan’s books during the financial crisis, Released on $9 million bail last month, Ghosn has denied the charges, calling them “meritless” and saying he was the victim of a boardroom coup, “I’m getting ready to tell the truth about what’s happening, Press conference on Thursday, April 11,” Ghosn tweeted from the @carlosghosn account on Twitter, which displayed the blue tick mark indicating it had been verified by the social media site..

The account was created this month. It was the sole tweet, posted in Japanese and English. While Ghosn is under strict bail terms - including on internet usage - his lawyer, Junichiro Hironaka, told reporters the tweet did not violate those terms. Hironaka also said there had been no requests from Tokyo prosecutors, after Japan’s Yomiuri newspaper and other media outlets reported authorities were preparing a fresh case against Ghosn over payments the automaker made to a business partner in Oman.

Prosecutors are in discussions with the Supreme Public Prosecutors Office and others and plan to make a decision soon on whether to prosecute Ghosn on further charges of aggravated breach of trust, the newspaper said, citing sources involved in the case, A spokesman for the Tokyo prosecutors office said he was not aware of any new investigation when contacted by Reuters, Ghosn’s spokesman has previously said payments of $32 million made over nine years were rewards for the Oman firm being a top ferragamo cufflinks Nissan dealer, Such dealer incentives were not directed by Ghosn and the funds were not used to pay any personal debt, the spokesman said..

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