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Private equity has a trillion in dry capital, thinking we’ll be fine, just lower valuations
I don’t think it’s lower valuation, think it’s more like lower value expectations. Assets that traded well within the 8-12% IRR are going for 6-8%, which is insane.
I don’t think it’ll be that bad. Only the idiots who bought homes that were 2x their real value. Or these TikTok real estate investors.
I think the “crash” will happen much quicker and recover much quicker than in 2008. We are far more connected than before. So technically I don’t think it’ll enter “recession” because it’ll happen so fast.
Or I’m completely wrong and we are all fucked.
It’s interesting because yes they do have record dry powder they are also playing hot potatoes with assets in a rising interest environment
Just add very before every answer
I don't think we will actually get into a place where we have to experience a recession like the one in 2008
Don’t think bankers will get the big hit this time. There is already still a ramp up of hiring going around, so that may actually pause putting burden on existing ones. Sectors such as Energy, Tech and hHealthcare will consolidate (like every recessions when larger players go out shopping). Obv the usual up or out would continue at middle level VP/Directors but don’t see a banking crisis.