Money Isn't Free Anymore

The video discusses the shift from a period of low interest rates and easy money to a more challenging economic environment with higher inflation and tighter credit conditions. It highlights the impact on mergers and acquisitions (M&A) and the need to address inflation. The video also examines credit spreads and suggests that opportunities may exist in the non-investment grade market.

What challenges does the speaker identify regarding inflation and credit in the current economic environment?

In the context of M&A, what does the speaker imply about the opportunities in the non-investment grade market?