This is one of the better summaries on the industry. It’s far better than most “talking heads” behind anchor desks, because William Green is on the front line with buying and selling clients, and because he has a better grasp of the components and mechanics of the market. There is no one “market”, but many slices; and there is no one silver bullet, but a series of regulatory and operational adjustments that - over time - will be the way this total basket of impaired assets and debt instruments get absorbed at whatever price the market will tryly bear.
As Mr. Green said, “A recession is when assets revert to their rightful owners.” The key will be for any player in whatever market segment they operate to figure out who can transact, who can execute, and at what price.
(3 votes, average: 4.33 out of 5)
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This is one of the better summaries on the industry. It’s far better than most “talking heads” behind anchor desks, because William Green is on the front line with buying and selling clients, and because he has a better grasp of the components and mechanics of the market. There is no one “market”, but many slices; and there is no one silver bullet, but a series of regulatory and operational adjustments that - over time - will be the way this total basket of impaired assets and debt instruments get absorbed at whatever price the market will tryly bear.
As Mr. Green said, “A recession is when assets revert to their rightful owners.” The key will be for any player in whatever market segment they operate to figure out who can transact, who can execute, and at what price.