In this episode of The Portfolio Fix, Elizabeth Henderson reviews the recent Moody's Corporate Credit roundtable in which she participated. She highlights the resilient investment grade and high yield markets but points out two risks highlighted by other panelists - the private credit market and higher oil prices. Patrick McGeever explains why oil prices are at elevated levels and details why he does not believe oil will sustainably rise above $100 per barrel in 2024. This episode was recorded on October 2, 2023.
Sources: Moody's, OPEC, Energy Information Agency, the Bureau of Economic Analysis
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