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48. Zed Francis - Will credit markets be tight or illiquid in 2023?
Mutiny Investing Podcast
Do You Think That's Foreshadowing?
Do you think part of that is like you really need to see credit markets, you need to see liquid credit markets or some sort of defaults or scares to see those true spikes in volatility? I wouldn't necessarily say it's foreshadowing, but it definitely provides a little bit of extra kindling if we ever actually get to a massive illiquidity event, right? So it's like, you know, starve off illiquidity events until you can't fight it anymore and then cause a much bigger explosion than you would otherwise have.
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