CLOs: “You Look Better At Closing Time”

Published on
December 4th, 2019
48 minutes

CLOs: “You Look Better At Closing Time”

Real Vision Essential ·
Featuring Peter Boockvar and Danielle DiMartino Booth

Published on: December 4th, 2019 • Duration: 48 minutes

Are ultra-low interest rates putting monetary "beer goggles" on financial markets? Danielle DiMartino Booth of Quill Intelligence sits down with Peter Boockvar, CIO of Bleakley Advisory Group, to discuss the systemic risks to the global financial system. They deconstruct the growing challenges facing central banks. Boockvar examines the explosion of collateralized-loan-obligations (CLOs), predicts a grim future for companies with extreme debt/EBITDA ratios, and argues that the Fed's liquidity injections have created a cycle of financial addiction to low interest rates. Filmed in New York on November 20th, 2019.