Episodes
Thursday Dec 13, 2018
Prof. Edward Altman: High Yield Benevolent Cycle Not Yet Over
Thursday Dec 13, 2018
Thursday Dec 13, 2018
Erik Townsend and Patrick Ceresna welcome Prof. Edward Altman to MacroVoices. Erik and Edward discuss the credit cycle and the length of the current benign cycle. They elaborate on historical default rates, recessions and the surge in U.S. corporate leverage. In the postgame following the interview, Louis-Vincent Gave joins the team to discuss the liquidity squeeze and the end of Chin-America.
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