Distressed investors finding opportunities despite bull market, strong economy
Michael Moriarty, chief investment officer at Wealthspire Advisors, and George Schultze, founder of Schultze Asset Management.
"Interest rates have skyrocketed in the last 24 months and because of that, you're seeing more and more distress,” said one fund manager.
Even in a raging bull market propelled by a strong economy, some companies get left behind. Some deservedly so. Others perhaps not.
Therein lies the opportunity for distressed investors like George Schultze, founder of Schultze Asset Management, to squeeze out a profit. And when he judges the sit
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