Mark Shapiro on FTX, After Living Lehman & Distress Round-Up: State of Distressed Debt
FICC Focus
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Is There Still a Reluctance to Buy and Hold?
Do you think there's still some reluctance? I know it's a conversation that we certainly had with some of our guests in the past. Are you kind of like thinking that those look compelling on a buy and hold standpoint? Or are you saying, hey, listen, you get enough kind of juice in that lemon where you can kind of ride the wave? Yeah, I think that of course. We really haven't seen a massive panic and, you know, as tensions grow in the financial system, it wouldn't surprise me to see more price pain ahead.
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