Russell Holliday: ‘The market is pricing in a goldilocks scenario’
![Russell Holliday_1664_large_print_adobe98.jpg](https://assets.euromoneydigital.com/dims4/default/91b149d/2147483647/strip/true/crop/4492x2615+0+0/resize/840x489!/quality/90/?url=http%3A%2F%2Feuromoney-brightspot.s3.amazonaws.com%2Fa7%2Fcd%2F581456f44498b10d93582e5f7d4c%2Frussell-holliday-1664-large-print-adobe98.jpg)
Returning equity shows the market works properly but CLO managers should protect the downside, SoundPoint's Russell Holliday says
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