Credit Suisse CEO Thiam Sees No Contagion to Credit Markets

The video discusses the reluctance of primary market issuers to transact during high volatility, while noting active secondary markets. It argues that recent market corrections were expected and not disruptive, with credit markets remaining stable. The video highlights strong economic fundamentals, including growth in the US, Europe, and emerging markets, and low unemployment rates. It concludes that the credit market is resilient, with no signs of defaults or negative economic impacts.

What is the primary reason issuers are hesitant to issue in the primary market?

• High demand

• High volatility

• Low interest rates

• Strong secondary market

What was the general expectation regarding the recent market correction?

• It was unavoidable

• It was a major disruption

• It was a surprise

• It was a minor adjustment

How did the credit market perform during the recent market correction?

• It collapsed

• It showed signs of contagion

• It held up well

• It experienced a major disruption

Which region is experiencing a historic low in unemployment?

• Europe

• Asia

• United States

• Africa

What is the likelihood of a contagion in the credit market according to the speaker?

• Very high

• Moderate

• Low

• Uncertain