Wagner Sees Recession Triggering Marketwide Distressed Debt Opportunity

The video discusses market catalysts, investment strategies, and economic cycles, highlighting the importance of liquidity and the potential for recession. It explores sector-specific opportunities, particularly in distressed markets, and examines the impact of leverage on market dynamics. The discussion also covers investment in Puerto Rico, emphasizing the role of federal assistance in economic growth.

What factors are expected to act as catalysts for changes in the market?

How does the current credit market differ from the equity market according to the discussion?

What is the significance of having cash on hand during market opportunities?

What are the implications of covenant light loans on companies facing financial difficulties?

What are the key factors that will influence the next downturn in the economy?

What are the potential risks and opportunities for investing in Puerto Rico's economy?

How do leverage levels in the market affect trading and investment strategies?