What factors have contributed to the current state of the market according to the text?
JPMorgan's Reschke: Risk Rally Has Run Out of Steam

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1.
OPEN ENDED QUESTION
3 mins • 1 pt
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2.
OPEN ENDED QUESTION
3 mins • 1 pt
How has the high yield debt market been performing recently?
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3.
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3 mins • 1 pt
What challenges are leveraged borrowers facing in the current economic environment?
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4.
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What is the significance of the term 'new normal' in the context of the current economic situation?
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What strategies are suggested for clients to navigate the current market uncertainties?
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