Besides equities, bonds are another popular investment instrument in today’s investing world. They are part of the capital market and with currently up to $123.5 trillion in valuation. In this guide, we uncover exactly what a bond is.
Dan Zwirn, CEO and CIO of Arena Investors, returns to Real Vision to provide a strategic update on the world of credit. In this interview with Real Vision’s managing editor, Ed Harrison, Zwirn explains how, in a world of suppressed interested rates by monetary authorities such as the Federal Reserve, companies that are effectively underwater nevertheless manage to secure financing at attractive rates. Harrison and Zwirn discuss this phenomenon of “liquidity without solvency” in depth, comparing the ongoing fervor in AMC Entertainment Holdings to Hertz last summer.