4min chapter

Guggenheim Macro Markets cover image

Episode 33: Fixed-Income Opportunity Now and Down the Road

Guggenheim Macro Markets

CHAPTER

The Market's Response to Current Events

The degree of interest payments relative to corporate earnings or corporate cash flows is at record lows. And ultimately, that means a recession, if it does come to fruition, will be much less severe than what we've seen in the past at all likelihood. Liquidity is fair for reasonable size orders in the credit space, but large blocks can still take some time to clear the market certainly much longer than they would have taken several years ago. There's extreme uncertainty around the path for interest rates in our view.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

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

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