Post by Mizuho

Michal Katz, Head of Investment & Corporate Banking, Mizuho Americas recently spoke at the Bloomberg Global Markets & Banking Summit in New York on a panel with Mickey Bhatia, Global Head of Spread Products at Citi, moderated by Bloomberg’s Dani Burger. They discussed the evolving market and macro landscape, with Michal sharing a few key takeaways: ◾ Today’s backdrop is one of heighted volatility and uncertainty, but also one of differentiation ◾ Divergence in performance exists across regions, sectors and asset classes ◾ Correlation has broken down, and while the capital markets are constructive, access to capital and liquidity is uneven ◾ Cost of capital has increased, and sponsors will require creativity as they seek a path to monetization ◾ “Every cycle has its reckoning”; there will be winners and laggards Watch the full panel: https://lnkd.in/ev_CVX35