Deep debt
Today some news came out about the market being knee deep in debt. The number is 75% less issuance in the HY market YoY. This is unfortunate to myself and some of my peers because it means that we have to pretend we don't know that the market has gotten shaky after an expansion. Everyone knows that people aren't friendly about increasing ranks when money is evaporating.
What do some of the senior guys think about this? Is it bad or should I keep pushing forward and ignore the news?
I'm struggling to understand how feigning ignorance of the market helps you at all as an interview candidate.
Keep pushing forward in what?
And what's your next best alternative? If you've studied finance, you should have a good understanding of the concept of opportunity cost and the essential part that concept plays in financial decision making. Yet you've given us no information at all on what your alternatives are ie what is the opportunity cost of you "pushing forward" (in whatever direction that is).
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