Home > Uncle Pipeline’s Corner

Uncle Pipeline’s Corner

Uncle Pipeline has been a Financial Pipeline contributor since 1996. An expert in investing in bonds to managing your personal finances, he’s the kindly uncle who is always there for you with great financial advice. Always opinionated but never boring, Uncle Pipeline’s insightful anecdotes and simple explanations will help you to make better decisions about your money. He’s like a stiff pull of hard liquor – a little hard to swallow, but remarkably warming and helpful in the end.

You can trust him to curate the financial news you need to know about.

upc-host

What is the yield curve and why has it spooked investors?*

Publication: The Financial Times
What if there was a way to know when the next recession was close? What if there was a market measure that could clearly communicate economic trouble ahead, without fail? [Read more]
Why you have to read this
Explaining the yield curve and the current fuss about its recent changes.

Shell yields to investors by setting target on carbon footprint*

Publication: The Financial Times
Royal Dutch Shell will set carbon emissions targets next year and link these to executive pay, reversing its chief executive’s opposition and following intense pressure from shareholders who want fossil fuel companies to take greater responsibility for their contribution to global warming. [Read more]
Why you have to read this
Global investors are applying pressure on companies to be environmentally and socially responsible – a trend that corporate boardrooms are unable to ignore.

Corporate bonds in an ageing business cycle*

Publication: The Economist
In the 1970s the junk-bond market was a dark underworld. It was the home of “fallen angels”, the bonds of investment-grade firms that had gone to seed. Most investors were too genteel to hold them. So they traded at hefty discounts to face value. Then Michael Milken, a junk-bond guru, came along with a new gospel. A portfolio of high-yield junk was a better bet than one of supposedly safer bonds. After all, an a-rated bond can only go in one direction—down. [Read more]
Why you have to read this
A good overview of the credit cycle for corporate bonds, where the chase for yield tends to be followed by the fear of it…

*While we’re doing our best to deliver the latest and greatest industry news to you, sometimes our delivery can only take it so far. Please note this particular article is behind a paywall and will require a subscription for you to read it.