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April 29, 2024
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Wall Street Credit Worries Intensify After Dimon's 'Cockroach' Warning
Wall Street's credit worries are intensifying after a warning from JPMorgan Chase (JPM) CEO Jamie Dimon about cockroaches in the US economy.
Pacer ETFs’ FLRT: A Floating Rate Solution as Money Market Yields Compress
As the Fed cuts rates, money market yields are set to plummet—potentially overnight. Pacer ETFs’ FLRT fund offers an alternative: attractive yields through senior secured bank loans and CLOs that adjust with rates. Managed by Aristotle Pacific Capital with a decade-long track record and minimal defaults, FLRT provides a measured step up from cash. Learn how an incremental allocation might enhance yield while maintaining low volatility and strong credit oversight in your fixed income strategy.