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?