The Credit Disconnect: Wall Street Versus Main Street

The video discusses the current investment trends where investors are leaning towards large, safe companies, leading to a record issuance of investment-grade debt. It highlights the government's Paycheck Protection Program (PPP) and its role in supporting small businesses, many of which have exhausted their loans and require further aid. The Federal Reserve's limited success in aiding small businesses is examined, with banks identifying several roadblocks. Finally, the tightening of loan conditions by banks for smaller firms is noted, drawing parallels to the financial crisis.

What record amount of investment-grade debt was issued by firms through mid-October?

• 1.6 trillion

• 660 billion

• 2.6 billion

• 600 billion

How much did high-yield companies and leveraged loans raise?

• 1.6 trillion

• 660 billion

• 2.6 billion

• 600 billion

What was the total amount made available by the Paycheck Protection Program?

• 1.6 trillion

• 600 billion

• 660 billion

• 2.6 billion

By August, what fraction of business owners indicated they might need more aid?

• One in four

• One in ten

• One in three

• One in five

What was the amount of loans the Federal Reserve had issued to small and medium-sized businesses by September?

• 660 billion

• 600 billion

• 2.6 billion

• 1.6 trillion