Published on: November 29th, 2019 • Duration: 66 minutes
Are leveraged loans the next major threat to the global economy? Sy Jacobs, managing partner of Jacobs Asset Management, joins forces with Jim Grant to scrutinize the "leveraged loan," an asset class that is increasingly raising eyebrows on Wall Street. Jacobs and Grant tackle the efficient market hypothesis, negative yielding debt, and our current place in the business cycle. Filmed on November 7, 2019 in New York.