November 16, 2015· 20 min

Episode 2: Under the Hood of the $8 Trln Corporate Bond Market

Orality
Model
91%
Highly oral (epic poetry, sermons, hip-hop)

Speaker Breakdown

HostTracy Alloway(899 words)
M:28%
HostJoe Weisenthal(220 words)
M:28%
GuestChris White(2,528 words)
M:27%

Oral Indicators

Agonistic25%
basically, huge, massive
Engagement68%
you, our, your
Memory Aids100%
listen, like, so
Repetition100%
what (37x), market (35x), think (33x)
Parallelism90%
And I'm Jill Weisenthal, manag..., So I'm really excited about th..., And I know sometimes credit qu...
Sound Patterns58%
23 question(s), alliteration: "markets move", alliteration: "barclays brief"
Formulaic Phrases5%
i mean

Literate Indicators

Hedging12%
may, could, probably
Passive Voice11%
are traded, been traded, be harvested
Abstract Nouns22%
investment, community, business
Subordination18%
because, until, though
Sentence Length44%
Avg: 15.9 words/sentence
Word Complexity48%
investment, analyze, anticipate
Academic Markers0%
Impersonal Style32%
268 personal pronouns found
Descriptive Style100%
apply, really, basically

Description

(Bloomberg) -- It's definitely big and it might be broken. It's the bond market! The corporate bond market, that is. In the second episode of Odd Lots, hosts Tracy Alloway and Joe Weisenthal talk corporate debt with Chris White, the creator of a Goldman Sachs bond trading platform and a longtime market structure specialist. We learn about the difficulties of shaking up an $8 trillion market that has so far proved stubbornly resistant to change. We also hear why White stopped calling internal meetings at Goldman, and discover the difference between "two-minute guys, two-year guys and 10-year guys" at the storied investment bank. See omnystudio.com/listener for privacy information.