21 min listen
Corporate Distress Spreads; Energy Junk Is a Haven
Corporate Distress Spreads; Energy Junk Is a Haven
ratings:
Length:
23 minutes
Released:
Mar 30, 2023
Format:
Podcast episode
Description
The banking crisis has made it harder and more expensive to borrow, tipping some of the riskiest companies into distress. In this episode of the Credit Edge Podcast, Eliza Ronalds-Hannon, who covers credit markets for Bloomberg News in Atlanta, looks at the biggest losers and winners — including Saba Capital Management’s Boaz Weinstein. Bloomberg News senior editor James Crombie also asks Bloomberg Intelligence analyst Spencer Cutter about opportunities in the energy sector. Oil companies that survived prior crises are in good shape to weather the next storm, offering a safe haven. Cutter also weighs the credit impact of Warren Buffett increasing his stake in Occidental Petroleum, a big part of many debt portfolios.See omnystudio.com/listener for privacy information.
Released:
Mar 30, 2023
Format:
Podcast episode
Titles in the series (68)
Retailers in Distress; Wall Street Banks Look Solid by The Credit Edge by Bloomberg Intelligence