State of Rx 2023
Wanted to get a sanity check on my restructuring guys. How’s deal flow/hours been? I keep hearing 2024 is going to be a massive year.
Wanted to get a sanity check on my restructuring guys. How’s deal flow/hours been? I keep hearing 2024 is going to be a massive year.
+90 | Investment Banking US League Table YTD 2024 (FactSet) | 69 | 9m | |
+79 | Intern Ettiquette | 17 | 1d | |
+76 | Would comitting to ATL İB be stupid? Please give feedback. | 44 | 30m | |
+58 | A shitter's comprehensive guide to sophomore year recruiting | 6 | 12m | |
+56 | NEED NY RESTAURANT RECOMMENDATIONS | 37 | 11h | |
+53 | What's up with RBC nowadays? | 18 | 10m | |
+29 | “Americans just work harder” | 16 | 6h | |
+28 | About to join a notoriously “sweaty” group | 7 | 13h | |
+27 | PSA to gymcels: focus on the summer internship | 13 | 1d | |
+26 | 2.3 GPA going into Sophomore Year | 17 | 1h |
Career Resources
Everything is on fire like MJ’s hair in a Pepsi commercial.
I haven’t slept in 2 days.
...
Ofc
People said it was going to pick up in 2022, which it didn't. They said the same about 2023, and it actually has been but not to the extent pundits predicted. I think 2024 will truly actually be a good year for RX.
The 3M SOFR is 5.3%. That's the highest its been since 2007 (technically LIBOR). This is going to hurt many companies regardless of industry and will wreck floating-rate pandemic-era term loans which were taken out when SOFR was basically zero.
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