Distressed investing opportunities are discussed, alongside the rise of AI in tech. The distinction between trade of goods and ideas is explored, as well as the role of business in shaping the Republican party.
Distressed investing presents opportunities in the financial sector.
Geopolitical conflicts impact trade policies and international relationships.
Deep dives
Understanding Prop Culture in Pop Entertainment
Exploring the business side of pop culture, Lucas Shaw, a Bloomberg reporter, delves into the ways entertainment is evolving. He focuses on uncovering how entertainment is created, the financial aspects, and the impact on audiences. Shaw's insights shed light on the behind-the-scenes workings of the entertainment industry.
Impacts of Rising Interest Rates on Debt Refinancing
The podcast discusses the consequences of increasing interest rates on debt refinancing. With rates rising to 5%, borrowers face challenges refinancing trillions of dollars of debt in the coming years. This situation presents opportunities for distressed investors, but also poses risks for banks due to lower return on equity and restricted lending capacity.
Geopolitical Concerns and Trade Policy
Geopolitical issues, including conflicts in the Middle East and Asia, are influencing trade policies and international affairs. The rise of protectionism in trade agreements, as seen through tariffs imposed by both Trump and Biden administrations, creates uncertainty for businesses. Trade discussions highlight the balance between promoting national security and fostering international trade relationships.
Challenges of Fiscal Policy on Debt Accumulation
The podcast touches on the challenges of managing fiscal policy amidst mounting debt and deficits. Despite concerns over borrowing levels, neither major political party outlines concrete solutions for addressing the fiscal imbalance. Business planning faces uncertainty due to the lack of clarity from Congress on fiscal matters, impacting market stability and investment decisions.
On this edition of Wall Street Week, Joshua Friedman, Canyon Partners Co-founder and Co-CEO tells us about opportunities in distressed investing. Alicia Levine, BNY Mellon Head of Investment Strategy breaks down the AI-fueled rise in the technology sector. Paul Romer, Nobel Prize-winning economist draws the distinction between trade of goods versus ideas and Eric Cantor, Moelis & Company Vice Chairman and Former House Majority Leader tells us about the role of business in changing the direction of the Republican party.