Six months ago WAIN Street launched the Business Default Index (BDX), the first component of our Business Credit Health Index (BCH Index). At that time we were very encouraged by the initial analysis and results of numerous correlations studies; we were even so bold to suggest the BCH Index was tapping into something fundamental and …
At WAIN Street we’ve just released the Business Default Index (BDX) which provides a comprehensive, composite gauge of business defaults in the US. Needless-to-say, we’re excited about many things, but most importantly we believe the BDX provides a new perspective on often-ignored mid-market and small businesses. It’s enabling us to “take the pulse” and gain new insight …
“I’ll be there in 15 minutes…” It’s an easy thing to say at the beginning of a trip, before a well-planned route deteriorates into a confusing mess of detours and wrong turns. Unexpectedly veering off course can be a frustrating and time consuming experience; but when you finally get there… well, the feeling is pretty …
The passion driving WAIN Street comes from the conviction that the data and insights we create will help “Bridge Wall Street and Main Street.” We believe that financial techniques can be used for the greater purpose of fueling mid-market and small businesses to create jobs, innovate, and regain our economic prowess. Enabling Wall Street to …
When you claim something has “game changing potential” as WAIN Street does in reference to the Business Credit Health Index (BCH Index), there’s always going to be skeptics that have trouble seeing a bold vision. One thing that can really help ease that skepticism is outside validation of the general concept on which your claims …
The middle market is getting a lot of love from people these days. And why shouldn’t they? They’re a roughly defined group of companies with somewhere between $10 million and $1 billion in revenue. It’s a broad range for sure, but contained in there are some of the real gems of the American economy. They’re companies …
The Occupy Wall Street movement is on the cusp right now; the evictions from Zuccotti Park and other locations around the country was the first shot across the bow indicating that convergence on a common message was imperative to the movement’s continued survival. As the country descends into campaign mode and politicians from all sides begin to …
Bloomberg ran a story last week about the price of credit default swaps for Bank of America recently soaring. Referenced in the article was the Markit CDX North America Investment Grade Index “which investors use to hedge against the losses on company debt or to speculate on creditworthiness.” Trying to get a good handle on overall credit …
From The Economist: Pockets of Credit, Nineteenth Century Banking Makes a Comeback This month’s article highlights a number of new firms that are going after middle market lending when many banks and other financial institutions have retreated from it. Some new funds, using not-federally-insured cash are making bets on specific segments of the middle market with …
There’s been increasing attention on middle market companies (an under-defined group, but somewhere in the $5M to $1B revenue range) as the unsung heroes of the US economy. This relatively small group of 200,000 is responsible for 35% of the employment and 40% of GDP. With over 27 million total businesses in the US of which 6.2 …
