The CLO asset class has historically very low defaults. The junior mezzanine tranche, the double beat tranche, has had about a five basis point annual default rate. And so I think people are realizing that this is an asset class that you can kind of write out in the next kind of recession or downturn or whatever you want to call it.
Savita Subramanian, Head of US Equity & Quantitative Strategy at Bank of America, discusses raising her year-end price target on the S&P 500 and her bull case for stocks. Dan Ko, Senior Principal & Portfolio Manager at Eagle Point Credit Management, talks about defaults and downgrades in the leveraged loans space. Thomas Perfumo, Head of Strategy at Kraken, shares his thoughts on crypto investing and regulation. Elissa Sangster, CEO at Forte Foundation, looks at the MBA pay and promotions gap. And We Drive to the Close with Brian Frank, CIO at Frank Capital Partners.
Hosts: Matt Miller and Jess Menton. Producer: Paul Brennan.
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