AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
2min chapter
TIP495: The Changing Composition of Money w/ Alfonso Peccatiello
We Study Billionaires - The Investor’s Podcast Network
Credit Default Swaps in China - Are You Looking for Signs of Credit Stress?
The Chinese CDS market has become very active. China is undergoing a massive leverage tray. It's a deleveraging process that involves the single biggest asset class in the world, which is the Chinese housing market. The other sector that I'm looking at when it comes to credit default swaps is banks. Banks obviously are in a much better shape than in 2007. But they do have significant exposure to the housing market and significantly exposures to emerging markets with a certain extent as well. As the housing market slows down, some of these might actually be reverberated through banks balance sheets. And therefore, credit default swaps are starting to reprise a meaningful possibility that some of these banks go on the trouble
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode