BlackRock’s Rieder Says Credit is Not Cheap Here, Has Some More to Go

The video discusses the current state of the credit market, highlighting that credit is not cheap and may continue to face challenges. It emphasizes the difficulties high yield companies encounter in securing financing and the market's role in efficiently pricing risk. The discussion also covers the importance of identifying and avoiding investments under pressure to navigate market challenges effectively.

What challenges does the speaker identify regarding financing for certain companies?

What is the significance of being close to the 'tip of the spear' in market transactions?