AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
2min chapter
The Insight: Conversations – Fighting the Fed with Armen Panossian, Danielle Poli, and Megan Messina
The Memo by Howard Marks
The Implications of a Higher Rate Regime for Investors
In the past, companies were bought or financed under a rate regime that assumed stable rates. As a result, debt balances were put in place that today look bloated. In the new vintage, newly created credit can be more conservative and tighter if there's a recession.
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