Episode Details
| Title | Daunting Debt Dynamics |
|---|---|
| Date | 6/1/2020 |
| Podcast | Goldman Sachs Exchanges ↗ |
Key Insights
Bullish:
- 🟢 $BANKRUPTCY - A significant increase in business bankruptcies is expected due to the economic shutdown, potentially surpassing levels seen after the Great Recession.
- “I do expect there to be at least some wave. There's not always a bankruptcy wave after the bursting of the dot com bubble. There was very little effect on business bankruptcy filings. After the great recession, they essentially doubled. I would be surprised if they don't go up lots more than that this go around because we basically shut down the economy for several months.” - David (24:24)
- 🟢 $NEGRATES - 🔒
Bearish:
- 🔻 $EM - 🔒
- 🔻 $EUROZONE - 🔒