Penn Mutual AM's Cipolloni on US Markets

The video discusses the current economic climate, focusing on the risks of a recession due to rising interest rates and persistent inflation. It highlights the impact of these factors on corporate debt and income statements. The discussion also covers the challenges in the oil market due to limited CapEx spending and the shift towards green energy. Finally, it suggests investment strategies focusing on companies with high cash balances to mitigate risks.

What risks are associated with rising oil prices in the current economic climate?

Why are companies with high cash balances considered a safer investment in the current market?