Wilbur Ross, Chairman & CEO of WL Ross & Co., says there’s no difference between a run on banks and a run on mutual funds, discussing the transfer of risk in the high-yield market from banks to participants. Also Ross discusses where he is seeing opportunity in the high-yield market.
H/T Dataroma
Wilbur Ross: Greater Volatility Ahead
Wilbur Ross: Energy ‘Daisy Chain’ Sinking High Yield
Wilbur Ross, Chairman & CEO of WL Ross & Co., shares his thoughts on what’s pressuring the high-yield bond market.
