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Inflation Is Popping The Biggest Asset Bubble Of All Time | Michael Kao
Forward Guidance
Equity Long Short Strategies - What Are They?
In two thousand and eight, equity vall was much higher than credit vall. A convert arb tack then did really, really well because the aset class was still relatively nacent and inefficient. In this current environment, even though you have some storied credits, like a microstrategy, for instance, in some of their bonds we can talk about are definitely in that distressed category for the most part. You're not seeing a major sort of credit melt down like we did in two thousand and 8. So that, that's what i mean, the current environment being more like the dot com bubble versus two thousand and 12.
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