Gordon Kerr's Credit Compass: Navigating European Credit Markets
Episodes
Uncertainty Prevails
29 Apr 2026
Contributed by Lukas
In this episode of Credit Compass, Gordon Kerr, KBRA’s European Macro Strategist, examines what weaker surveys, tighter lending conditions, and caut...
BIF, Bunds, and Britain’s AI Bet
22 Apr 2026
Contributed by Lukas
In this episode of Credit Compass, Gordon Kerr, KBRA’s European Macro Strategist, examines why markets are focused on Britain, Italy, and France—a...
Hungary Turns, Banking Reform Advances, Energy Risks Linger
15 Apr 2026
Contributed by Lukas
In this episode of Credit Compass, Gordon Kerr, KBRA’s European Macro Strategist, examines how the IMF views the Strait of Hormuz disruption as resh...
Select Resilience Partially Offsets Broader Headwinds
08 Apr 2026
Contributed by Lukas
In this episode of Credit Compass, Gordon Kerr, KBRA’s European Macro Strategist, discusses how European credit markets are navigating a complex mix...
Anchors Strained, Spreads Wider, Yields in Focus
01 Apr 2026
Contributed by Lukas
In this episode of Credit Compass, Gordon Kerr, KBRA’s European Macro Strategist, explores the European Central Bank’s (ECB) increasingly hawkish ...
Energy, Energy, Energy
25 Mar 2026
Contributed by Lukas
In this episode of Credit Compass, Gordon Kerr, KBRA’s European Macro Strategist, discusses how energy prices and geopolitical tensions are impactin...
Energy Shock to Rate Repricing
18 Mar 2026
Contributed by Lukas
In this episode of Credit Compass, Gordon Kerr, KBRA’s European Macro Strategist, examines how rising energy prices and geopolitical tensions are re...
Energy Markets and Europe’s Fragile Recovery
11 Mar 2026
Contributed by Lukas
In this episode of Credit Compass, Gordon Kerr, KBRA’s European Macro Strategist, examines how the recent conflict involving Iran has influenced ene...
Conflict, Uncertainty, and Credit Premiums
05 Mar 2026
Contributed by Lukas
In this episode of Credit Compass, Gordon Kerr, KBRA’s European Macro Strategist, unpacks the impact of the recent conflict in Iran, a UK nonbank le...
Climbing Back to the Podium
25 Feb 2026
Contributed by Lukas
In this episode of Credit Compass, Gordon Kerr, KBRA’s European Macro Strategist, examines early signs of stabilisation in the European economy, inc...
Caution in Bank Surveys, Calm in Results
11 Feb 2026
Contributed by Lukas
In this episode of Credit Compass, Gordon Kerr, KBRA’s European Macro Strategist, examines bank lending views via several recent surveys. Gordon als...
Growth Turns, Supply Surges
04 Feb 2026
Contributed by Lukas
In this episode of Credit Compass, Gordon Kerr, KBRA’s European Macro Strategist, examines France’s budget outcome, shifting growth dynamics acros...
From Davos to Delhi
28 Jan 2026
Contributed by Lukas
In this episode of Credit Compass, Gordon Kerr, KBRA’s European Macro Strategist, reviews the World Economic Forum (WEF) Davos 2026 conference. Gord...
One Step Forward, Two…
21 Jan 2026
Contributed by Lukas
In this episode of Credit Compass, Gordon Kerr, KBRA’s European Macro Strategist, examines early signals from UK and European consumer data. Gordon ...
Europe Reloads
14 Jan 2026
Contributed by Lukas
In this episode of Credit Compass, Gordon Kerr, KBRA’s European Macro Strategist, examines early signals from UK and European consumer data. Gordon ...
Here We Go Again
07 Jan 2026
Contributed by Lukas
In this episode of Credit Compass, Gordon Kerr, KBRA’s European Macro Strategist, reviews Europe’s start to the year. As the region faces a year o...
AI-Summarised Views for 2026
17 Dec 2025
Contributed by Lukas
In this episode of Credit Compass, Gordon Kerr, KBRA’s European Macro Strategist, reviews Europe’s standout year in credit markets—from record i...
A Small Accession, A Big Reallocation
10 Dec 2025
Contributed by Lukas
In this episode of Credit Compass, Gordon Kerr, KBRA’s European Macro Strategist, discusses two structural shifts facing Europe as 2026 approaches: ...
What Regulators Worry About
03 Dec 2025
Contributed by Lukas
In this episode of Credit Compass, Gordon Kerr, KBRA’s European Macro Strategist, examines rising fiscal and financial stability concerns across the...
Insolvency, Golden Slap, and the Budget That Blinked
26 Nov 2025
Contributed by Lukas
In this episode of Credit Compass, Gordon Kerr, KBRA’s European Macro Strategist, explores Europe’s latest insolvency reform, Italy’s “golden ...
AI, Energy, and Credit Resets
19 Nov 2025
Contributed by Lukas
In this episode of Credit Compass, Gordon Kerr, KBRA’s European Macro Strategist, explores the powerful intersection of AI and energy—how data-cen...
AI Challenges Credit
12 Nov 2025
Contributed by Lukas
In this episode of Credit Compass, Gordon Kerr, KBRA’s European Macro Strategist, outlines the way AI is changing the economics of labour, productiv...
Fragile Reawakening
05 Nov 2025
Contributed by Lukas
In this episode of Credit Compass, Gordon Kerr, KBRA’s European Macro Strategist, discusses the recent growth data, the surprising country standouts...
Europe’s Bumpy Transition
29 Oct 2025
Contributed by Lukas
In this episode of Credit Compass, Gordon Kerr, KBRA’s European Macro Strategist, unpacks the signals behind the continent’s fragile recovery: wha...
Oil’s Signal, Credit’s Story
22 Oct 2025
Contributed by Lukas
In this episode of Credit Compass, Gordon Kerr, KBRA’s European Macro Strategist, dives into the interplay between energy markets and European corpo...
Sticky Inflation. Heavy Debt. Volatility.
15 Oct 2025
Contributed by Lukas
In this episode of Credit Compass, Gordon Kerr, KBRA’s European Macro Strategist, explores some insight from the society of professional economists ...
Europe’s Still Fragile Recovery
08 Oct 2025
Contributed by Lukas
In this episode of Credit Compass, Gordon Kerr, KBRA’s European Macro Strategist, explores the views of chief economists across the globe. In partic...
Signals from the C-Suite
01 Oct 2025
Contributed by Lukas
In this episode of Credit Compass, Gordon Kerr, KBRA’s European Macro Strategist, reviews recent business surveys from McKinsey and Lloyds. Their vi...
Deals, Delays, and Dumping
24 Sep 2025
Contributed by Lukas
In this episode of Credit Compass, Gordon Kerr, KBRA’s European Macro Strategist, reviews recent developments of the US-UK relationship following as...
Green Shoots, Big Plans
17 Sep 2025
Contributed by Lukas
In this episode of Credit Compass, Gordon Kerr, KBRA’s European Macro Strategist, investigates the potential impact of the plans outlined in the Sta...
Oversubscribed, Yet Under Pressure
10 Sep 2025
Contributed by Lukas
In this episode of Credit Compass, Gordon Kerr, KBRA’s European Macro Strategist, outlines the challenges facing the governments of France and the U...
Bright Sparks and Fiscal Firefights
03 Sep 2025
Contributed by Lukas
In this episode of Credit Compass, Gordon Kerr, KBRA’s European Macro Strategist, outlines the challenges facing Europe’s largest economies as the...
Potholes and Payouts
06 Aug 2025
Contributed by Lukas
In this episode of Credit Compass, Gordon Kerr, KBRA’s European Macro Strategist, outlines how the new EU-US tariff agreement is affecting European ...
Tariff Détente
30 Jul 2025
Contributed by Lukas
In this episode of Credit Compass, Gordon Kerr, KBRA’s European Macro Strategist, outlines the European Union’s new trade deal with the US. Gordon...
Budgets and the Battle for Growth
23 Jul 2025
Contributed by Lukas
In this episode of Credit Compass, Gordon Kerr, KBRA’s European Macro Strategist, highlights the growing fiscal pressures for the UK and France alon...
A Look Forward
16 Jul 2025
Contributed by Lukas
In this episode of Credit Compass, Gordon Kerr, KBRA’s European Macro Strategist, highlights the impact of the heatwave on Europe. Gordon also discu...
Balancing Shifting Trade Winds
09 Jul 2025
Contributed by Lukas
In this episode of Credit Compass, Gordon Kerr, KBRA’s European Macro Strategist, highlights the shifting global trade order, with the European Unio...
Europe’s Credit Tailwinds
02 Jul 2025
Contributed by Lukas
In this episode of Credit Compass, Gordon Kerr, KBRA’s European Macro Strategist, outlines a number of tailwinds supporting European credit investme...
Sentiment Up, Uncertainty Ahead
25 Jun 2025
Contributed by Lukas
In this episode of Credit Compass, Gordon Kerr, KBRA’s European Macro Strategist, outlines the improving sentiment in Europe among consumers and cor...
Conflict Inflation, Spending, and Banking
18 Jun 2025
Contributed by Lukas
In this episode of Credit Compass, Gordon Kerr, KBRA’s European Macro Strategist, highlights the impact of escalating conflict and its effect on Eur...
Defaults, UK Data, and Securitisation
11 Jun 2025
Contributed by Lukas
In this episode of Credit Compass, Gordon Kerr, KBRA’s European Macro Strategist, highlights the outlook for defaults in Europe, according to a Deut...
US Big Bill Consequences, EU Regulation, and Global Risk
04 Jun 2025
Contributed by Lukas
In this episode of Credit Compass, Gordon Kerr, KBRA’s European Macro Strategist, highlights a fresh challenge to global investors in a small sectio...
Sentiment Shift and Trade Impact
28 May 2025
Contributed by Lukas
In this episode of Credit Compass, Gordon Kerr, KBRA’s European Macro Strategist can’t escape trade discussion. Gordon explores the early negotiat...
Another Deal and Taking Stock
21 May 2025
Contributed by Lukas
In this episode of Credit Compass, Gordon Kerr, KBRA’s European Macro Strategist, explores yet another trade deal, this time between the UK and the ...
UK Done (Sort Of), EU Now in Focus
14 May 2025
Contributed by Lukas
In this episode of Credit Compass, Gordon Kerr, KBRA’s European Macro Strategist, explores the UK’s new trade deals with India and the US. Gordon ...
Sage Advice and Early Indications
07 May 2025
Contributed by Lukas
In this episode of Credit Compass, Gordon Kerr, KBRA’s European Macro Strategist, explores how early signals from April’s Purchasing Managers' Ind...
The US Forward Look; Bank and Financial Services Results
30 Apr 2025
Contributed by Lukas
In this episode of Credit Compass, Gordon Kerr, KBRA’s European Macro Strategist, hosts Van Hesser, our Chief Strategist, to discuss their new resea...
Earnings Reveal European Appeal
23 Apr 2025
Contributed by Lukas
In this episode of Credit Compass, Gordon Kerr, KBRA’s European Macro Strategist, dissects recent earnings results to reveal the relative appeal of ...
Pause, Breathe, and Prepare
16 Apr 2025
Contributed by Lukas
In this episode of Credit Compass, Gordon Kerr, KBRA’s European Macro Strategist, discusses the pause in US global tariffs and how this presents inv...
Tarriff Tantrum and European Default Expectations
09 Apr 2025
Contributed by Lukas
In this episode of Credit Compass, Gordon Kerr, KBRA’s European Macro Strategist, discusses the global market reaction to the announcement of US tar...
Statements and Views Ahead of T-Day
02 Apr 2025
Contributed by Lukas
In this episode of Credit Compass, Gordon Kerr, KBRA’s European Macro Strategist, discusses the UK Spring Statement as well as boardroom reactions t...
European Consumers: Healthy, but Not Yet Confident
26 Mar 2025
Contributed by Lukas
In this episode of Credit Compass, Gordon Kerr, KBRA’s European Macro Strategist, discusses the European consumer. The relative health of the consum...
Growth Surveys: Is Anyone Listening?
19 Mar 2025
Contributed by Lukas
In this episode of Credit Compass, Gordon Kerr, KBRA’s European Macro Strategist, discusses recent economic survey results from Bloomberg News and t...
A Yield Shift—Bonds and Growth
12 Mar 2025
Contributed by Lukas
In this episode of Credit Compass, Gordon Kerr, KBRA’s European Macro Strategist, discusses the European yield shift, bonds and their relative appea...
Trade Wars, Defence, and Restructurings
05 Mar 2025
Contributed by Lukas
In this episode of Credit Compass, Gordon Kerr, KBRA’s European Macro Strategist, discusses pending increases of European defence spending. This epi...
European Energy – Here We Go Again?
26 Feb 2025
Contributed by Lukas
In this episode of Credit Compass, Gordon Kerr, KBRA’s European Macro Strategist, holds a lively and timely discussion about energy with KBRA analys...
Internal Turmoil and Leverage
19 Feb 2025
Contributed by Lukas
In this episode of Credit Compass, Gordon Kerr, KBRA’s European Macro Strategist, highlights the recent defence spending discussions in Europe and t...
UK U-Turn and an Important European Election
12 Feb 2025
Contributed by Lukas
In this episode of Credit Compass, Gordon Kerr, KBRA’s European Macro Strategist, highlights the changing outlook for the UK and an important pendin...
Trade, Growth, and Competition
05 Feb 2025
Contributed by Lukas
In this episode of Credit Compass, Gordon Kerr, KBRA’s European Macro Strategist, highlights the prospects for European tariffs from the US. Gordon ...
Surveys, Stress, and Private Credit
29 Jan 2025
Contributed by Lukas
In this episode of Credit Compass, Gordon Kerr, KBRA’s European Macro Strategist, discusses some interesting survey results from the International A...
Rate Differentials, Regulation, and AI
22 Jan 2025
Contributed by Lukas
In this episode of Credit Compass, Gordon Kerr, KBRA’s European Macro Strategist, explores an economic landscape defined by a delicate balance: infl...
Interest Rates, Inflation, and Inauguration
15 Jan 2025
Contributed by Lukas
Credit Compass—a new podcast from KBRA’s European Macro Strategist, Gordon Kerr—will guide listeners through the complexities of European credit...