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BTC112: Bitcoin Macro Mastermind 1st Q 2023 w/ Joe Carlasare, Steven McClurg, & Jeff Ross (Bitcoin Podcast)
We Study Billionaires - The Investor’s Podcast Network
The High Yield Spreads Haven't Blown Out Much Yet
Stephen Moore: I don't think that we're going to hit 8.9% in CPI again, but we might be at a steady, you know, six to seven percent which is still bad. He says there's just so much demand for yield even though the spread should be about 200 basis points over what they are. Moore: Spread really has more to do with demand as well; it will blow out when defaults pick up.
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