A super-sized episode. Jim, Evan and Phil discuss the latest financial happenings. Sabrina Fox, executive advisor of ELFA Investor Group, details the challenges awaiting creditors in Europe’s loan and high-yield debt markets.
1:12 Unicorns: Where’s the beef?
11:06 This Compass points away from the profits
15:38 European credit, a bird’s-eye view
23:02 Covenant erosion on either side of the Atlantic
29:33 Information asymmetry and liquidity in the secondary market