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Bloomberg Businessweek
Current Performance of the US Equity Market and Opportunities for Distress
In this chapter, the hosts discuss the positive gains in the US equity market and introduce guest George Schultze, founder and CEO of Schultze Asset Management. They delve into George's views on the market, including the risk-on move and the rise in bankruptcies and defaults worldwide. They also explore the impact of rising interest rates on companies and lenders, opportunities for short selling over-levered companies, and the influence of the rising price of oil on distressed companies in the oil and commodities space.
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