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Timestamps:
(00:00) Introduction
(01:36) The High-Yield Bond Market
(10:08) VanEck Ad
(10:48) Putting Money To Work When Credit Is Priced Optimistically
(19:27) The Bank Loan Market (i.e. Leveraged Loans)
(25:04) How Are Loan Borrowers Handling 500 Basis Points Of Increased Debt Costs?
(28:59) Permissionless Ad
(29:58) The Rise of Private Credit: Are We In The Golden Age?
(41:34) Is Private Credit An Untested Asset Class In A Potential Recession?
(46:53) What Is The Private Credit Money Used For?
(52:57) Why Do Active Managers Manage To Outperform The Index In Credit, When In Equities So Many Underperform?
(58:51) Loan Refinancings Are Occurring At A Record Pace
(01:03:02) Structured Credit And Non-Agency RMBS (Residential Mortgage-Backed Securities)
(01:04:40) Specialty Retail and Emerging Markets
(01:07:02) Commercial Real Estate (CRE)
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Disclaimer: Nothing discussed on Forward Guidance should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.
