Mike Green on the Dangers of the Rise of Passive Investing
Excess Returns
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Tail Risk Protection in a Refinancing Cycle?
Simplify is taking advantage of a regulatory change that was introduced, and you know, I believe that regulators play a much larger role than people fully understand. What we're seeing right now is a very clear articulation coming through the market saying, wait a second guys, we could very realistically run into a true credit crisis here. Today would be a perfect example where the higher quality equities as the S&P is down, give or take two and a half percent. The high yield markets have by and large been shut for two to three months now,. Most corporations that have borrowed in the high yield space are increasingly finding themselves incapable of actually affording the increase in interest rates.
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