March 23, 2020· 41 min
A Longstanding Fear About The Corporate Debt Market May Finally Be Coming True
Orality
Model
64%
Mixed oral/literate (blogs, casual essays)
Speaker Breakdown
HostTracy Alloway(1,234 words)
M:28%
HostJoe Weisenthal(1,226 words)
M:29%
GuestChris White(4,637 words)
M:93%
Oral Indicators
Agonistic18%
literally, completely, absolutely
Engagement61%
you, our, your
Memory Aids100%
listen, now, so
Repetition100%
market (87x), it's (59x), credit (58x)
Parallelism77%
And I'm Joe Weisenthal...., And the sell off in the stock ..., So we've seen risk premiums on...
Sound Patterns45%
34 question(s), alliteration: "markets move", alliteration: "barclays brief"
Formulaic Phrases8%
at the end of the day, you know what, i mean
Literate Indicators
Hedging8%
could, probably, might
Passive Voice11%
is used, being affected, was when
Abstract Nouns20%
investment, recommendation, protection
Subordination8%
because, since, while
Sentence Length50%
Avg: 17.6 words/sentence
Word Complexity46%
investment, analyze, anticipate
Academic Markers4%
according to
Impersonal Style39%
460 personal pronouns found
Descriptive Style91%
literally, completely, absolutely
Description
For a long time, people have been warning that corporate debt could be the major source of vulnerability in today's economy. And the market meltdown that we've been seeing since the beginning of March could make those fears a reality. On this week's podcast, we speak with frequent Odd Lots guest Chris White of Viable Markets, on how the extreme search for yield in recent years, combined with massive issuance of debt, combined with the idiosyncrasies of the corporate debt market, could be a setup primed for disaster. See omnystudio.com/listener for privacy information.