Bain's Lavine: Default Rate Could Double in Next Year

The video discusses the focus on high yield investments, emphasizing the importance of understanding credit pricing and default rates. It highlights a shift in the credit market, where value is found in coupons and the need for fundamental credit analysis is crucial. The discussion includes industry-specific default risks and the impact of interest and currency risks, suggesting that long-term investment strategies are essential in the current market environment.

What does the speaker mean by saying it is a 'credit selectors market'?

In what ways can credit analysis be more analyzable now compared to the past?