The Major Corporate Solvency Crisis

Published on
December 14th, 2020
Duration
40 minutes

Bubblicious Markets and Big Tech’s Monopolistic Behavior


The Major Corporate Solvency Crisis

Daily Briefing ·
Featuring Peter Cooper, Jack Farley, and Ed Harrison

Published on: December 14th, 2020 • Duration: 40 minutes

Real Vision managing editor Ed Harrison is joined by editor Jack Farley to break down the growing corporate debt crisis. Ed and Jack discuss the latest report from the Group of Thirty, which finds that balance sheet impairment will complicate economic recovery and persist long after this pandemic ends. Ed crystallizes the risks into three separate categories—pandemic-related, economic, and financial—and incorporates these risks into Raoul’s framework on the “insolvency phase." Ed and Jack also discuss fiscal aid, sector rotation, and lockdowns in the U.S. and Europe. In the intro, Real Vision's Peter Cooper discusses the joyous news of the beginnings of vaccine distribution in the U.S., AstraZeneca's announcement to acquire Alexion Pharmaceuticals, and the sterling's rally on renewed Brexit trade negotiations.

Comments

Transcript