CRASSUS
Institutional Credit Intelligence Platform
Systematic analysis of distressed credit, insured infrastructure, and structured credit cascades.
Featured Analysis
The Consumer Credit Waterfall: Auto Loans to Pension Funds
Elevated RiskSignal: Nine levels of intermediation — $5.10tn consumer credit → pension fund ETFs Derived FRED verified
Latest Research
Thames Water: Liquidity‑Gated Restructuring
Critical 88/100Impact lens: AGO ~$1.04bn expected loss Derived
The 2026 De‑SPAC Convertible Debt Maturity Wall
Maturity WallSqueeze: 5yr PIPE converts deep OTM → cash settlement crisis Modeled
Consumer ABS: Origination to Default
Elevated DefaultsSignal: Debt buyers collecting $4.69bn at 7–10¢/$ Derived
Insurance & Reinsurance: Systemic Risk Profile
Sector NoteCore risk: Concentration & funding chains Modeled
US CRT & SRT: Systemic Risk
Structured CreditMarket state: Bifurcated & opaque Modeled
BNPL Sector: Systemic Risk Profile
Sector NoteCore thesis: Funding is procyclical Modeled
SRT Market: Systemic Risk Profile (Europe)
Structured CreditCore risk: Liquidity & procyclicality Modeled
Hidden Vulnerabilities in Consumer Credit
System MapKey idea: Risk is in the plumbing Modeled
Intelligence Terminal
Our published research is powered by the Crassus V5.0 Intelligence Terminal — a proprietary analytical platform integrating real‑time macro data, equity fundamentals, SEC regulatory filings, and options intelligence into a unified research environment.
Macro
FRED integration with 29 curated economic series across credit, rates, inflation, labor, and output.
Equity
Fundamental analysis with price history, sector classification, revenue, debt, and cash flow.
Filings
SEC profile, insider transactions via Form 4, and direct links to regulatory documents.
Options
Put‑call ratio analysis, IV rank and percentile, volume and open interest with bullish/bearish signals.
Research Focus
Distressed Credit / EMEA
Regulatory‑constrained, liquidity‑driven restructurings in essential services.
Insured Infrastructure
Concentration risk in wrapped senior exposures and monoline guarantors.
Systemic Cascades
Transmission channels from single‑name stress to sector‑wide repricing events.