The expected credit risk premium over inflation from investment-grade securities is also expected to remain stable.

FORBES: Portfolio Solutions' 30-Year Market Forecast for Investment Planning (2013 edition)

If I'm right that the risk premium is peaking for properties that are in no way marginal, the unlocking of credit markets turns back the spread clock.

FORBES: It's The Risk Premium, Stupid!

This should be kept uppermost in mind as central bankers respond to the credit crunch coming out of the so-called subprime squeeze (which is actually a worldwide risk-premium reset).

FORBES: Magazine Article