#945 - Consolidation or Something More? With Michael Gayed
Real Vision: Finance & Investing
00:00
Analysis of Unknown Effects and Counterparty Risk in Global Financial System
This chapter explores the worry over the unforeseen consequences of an event and the associated counterparty risk in a highly interconnected financial system. It examines the correlation between the VIX and credit spreads, highlighting how VIX spikes signal credit events and the end of bear markets. Additionally, it emphasizes the importance of the Fed being cautious and waiting for significant spreads before considering rate reductions.
Transcript
Play full episode
