Credit Set for Worst Year Since 2008

The video discusses the challenges faced by credit markets in 2018, marking the worst year since the global financial crisis. Tassos, a Bloomberg European credit reporter, joins the conversation to analyze the situation. The discussion covers the influence of central banks, particularly the ECB, on credit markets, and the growing skepticism among investors. Concerns about cash flow and rising interest rates are highlighted, along with predictions for future market trends. The consensus is that a rebound is unlikely, with risks outweighing rewards.

What event is the current credit market performance compared to?

• The dot-com bubble

• The global financial crisis

• The Asian financial crisis

• The European debt crisis

Who is Tassos, mentioned in the discussion?

• An investment banker

• A Bloomberg European credit reporter

• A financial analyst

• A central bank governor

What has been a significant factor in supporting the European credit market over the past decade?

• Increased foreign investment

• ECB's purchase of corporate bonds

• Government bailouts

• Rising commodity prices

What is a major concern for credit investors according to the discussion?

• Cash flow sufficiency

• Environmental regulations

• Political instability

• Technological disruptions

What is the general consensus about the credit market's future performance?

• A strong rebound is expected

• A moderate recovery is likely

• No rebound is anticipated

• A significant growth is forecasted