This Equinox Lender Says Gym Chain Can Avoid Bankruptcy

The transcript discusses investment strategies during the COVID-19 pandemic, focusing on the decision-making process for investing in companies with COVID exposure. It highlights a specific investment in Carnival Cruise, emphasizing the importance of confidence in the recovery of the cruise industry. The discussion then shifts to the gym industry, particularly Equinox, and the challenges it faces due to COVID-19, including potential bankruptcy and the impact of home fitness trends like Peloton.

What challenges does Equinox face as mentioned in the text?

What is the speaker's outlook on the future of Equinox and its potential to avoid bankruptcy?