would you go into leveraged finance right now?
why or why not?
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lev fin debt pipeline will take a while to clear = no new lev fin deals = uncertainty/lay offs.
If through some kind of miracle you get in right now, that means you probably won't get laid off any time soon, because it really can't get any worse [at least, that's my opinion]. It's not like they're going to overhire right now. However, dealflow might suck for a long time, which means you won't be learning as much + your bonus won't be as high.
hmm.. true. bad bonus and poor dealflow. crap.
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