Guggenheim's Minerd on Risk, SPAC Regulation, Archegos

The video discusses the implications of full employment on asset prices, highlighting the role of government policies and the Fed's balance sheet in asset price inflation. It identifies market risks, particularly in the mortgage and emerging markets, and the potential for increased regulation in the SPAC market. Opportunities in the credit market are explored, with a focus on triple C level returns. The video also examines SPAC investments and the likelihood of Archegos-like risks, emphasizing market vulnerability and the need for cautious investment strategies.

What opportunities does the speaker identify in the market despite the risks?

How does the speaker view the current state of credit risk in the market?

What does the speaker suggest about the likelihood of another major loss in the hedge fund system?