Houlihan Lokey Chairman on Recovery of U.S. Companies

The video discusses the economic outlook in light of the stimulus, focusing on the challenges faced by firms in maintaining balance sheets and accessing credit. It highlights the role of technology in disrupting traditional business models and the unequal recovery among companies, with larger firms having more options than smaller ones. The need for government intervention and active central bank policies is emphasized to support small businesses and address global economic issues.

What are the implications for small businesses that lack access to credit?

Why is there a push for additional fiscal action by the government during uncertain times?