GoldenTree's Tananbaum Sees Credit Being Mispriced

The video discusses the current economic cycle, highlighting the impact of unprecedented stimulus and its withdrawal. It examines market pricing, potential volatility, and the effects of rising interest rates on businesses, particularly those with floating rate debt. The discussion also covers the risks of stagflation and the importance of evaluating credit risks in this environment.

In what ways could the market be mispricing the probability of slower growth?

What implications does a low margin of safety have for businesses during economic fluctuations?