Debt Capital Markets Outlook?
Rising sophomore at west coast school (low semi-target?).
Considering starting my career in the capital markets, particularly debt. But I'm getting worried with all the talk of recession in comin months/years. I know ECM guys get fucked bc no deal flow, but do DCM guys also find themselves in a similar position?
Additionally, if anyone could recommend resources to learn more about different banks' DCM teams and DCM in general, I'd appreciate it. Are DCM teams usually in NY, or are there operations in LA/SF too?
American dealflow seems pretty well, for corporates there are still issuances albeit lower than few months ago. Seems like corporates and investors have digested the inflation and rate hikes and are willing to go to the market. This is especially the case in Europe where some big low beta names have hit the screens with really low concessions compared to what we had seen in april.
Bond market is absolutely fucked. Loans will still syndicate but outlook is bleak with rates rising so rapidly
bump
Ullam ab sed eum facilis sed dignissimos enim cupiditate. Ratione reiciendis culpa sit eius corrupti dolor adipisci. Odio eum placeat consequatur. Ut laboriosam eum minima molestiae eum.
Vitae similique id cum tenetur temporibus. Et consectetur debitis culpa animi ex cumque cupiditate magni. At aut reprehenderit possimus aliquam quam aspernatur.
Repudiandae et praesentium sit voluptas. Aut soluta ut tempore magni autem eius. Laborum accusantium similique occaecati officia ut. Voluptatem et aspernatur est culpa in et.
Dolores ipsam quae id et. Ratione facilis quae rem error laboriosam.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...