Demographics, Illiquidity Risk, and the Marginal Buyer

Published on
August 21st, 2019
Duration
12 minutes


Demographics, Illiquidity Risk, and the Marginal Buyer

Future Fears ·
Featuring Josh Wolfe and Raoul Pal

Published on: August 21st, 2019 • Duration: 12 minutes

Josh Wolfe, co-founder of Lux Capital, joins Real Vision co-founder Raoul Pal to discuss liquidity risk in the equity and venture capital markets. Wolfe talks about the giant structural risks facing the credit markets in general - fingering the inevitable downgrade of investment grade debt as the major reason a liquidity event might shock markets into recession. This clip is excerpted from a video published on Real Vision on July 24, 2019 entitled, "What Will a Recession do to Venture Capital?"

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