Addicted to Yield: Wall Street’s Dirty Little Secret

Published on
January 14th, 2020
Duration
51 minutes


Addicted to Yield: Wall Street’s Dirty Little Secret

The Interview ·
Featuring William D. Cohan

Published on: January 14th, 2020 • Duration: 51 minutes

New York Times' bestselling author, former M&A investment banker, and long-time financial journalist, William Cohan, joins Ed Harrison to discuss the perilous state of U.S. credit markets, quantitative easing, junk bonds, and the ever-expanding pool of global debt. Predicated on the idea that persistently low interest rates have fueled distortions in the pricing of risk, Cohan argues that Wall Street has been developing a dangerous dependency that won't end profitably for the majority of investors. Filmed on January 7, 2020, in New York.

Comments

Transcript