Burning Issues: China's 'Distressed Debt Cycle', Fixed Income Caution & Casper IPO

The video discusses potential distressed debt opportunities in China, highlighting the low default rates due to government intervention. It explores the challenges of China's untested bankruptcy system and its implications for investors. The discussion shifts to market caution, with investors closely monitoring credit downgrades and the rally in risk assets. Finally, the video examines Casper Sleep's IPO plans, considering the competitive market and investor skepticism following the WeWork debacle.

What lessons can be learned from the WeWork debacle regarding investor sentiment?

How does the current market sentiment affect the potential for IPOs like Casper's?

What challenges does Casper face in its path to profitability?