Defaults are poised to rise across the $1.7 trillion private credit market next year as a growing number of middle-market firms are experiencing stress, according to Kroll Bond Rating Agency.
7don MSN
Jeffrey Gundlach says cracks forming in America's multitrillion-dollar private credit market
DoubleLine Capital's Jeffrey Gundlach compares the booming private credit market to "wild west" conditions, warning of ...
Anxiety about the quality of underwriting has put private credit in the hot seat on Wall Street. Yet some of the same banks raising the alarm are the ones fueling growth in the asset class. US banks ...
The nation’s debt now tops $38 trillion. It’s an unfathomable amount of money, so consider this: Every citizen’s share of that debt is more than $110,000. If you look only at taxpayers, the amount is ...
The backdrop for JPMorgan’s warning is already jittery. Global crypto markets sit around the $3 trillion mark, but markets ...
14don MSN
Investing legend Mohamed El-Erian says he's kept up at night by 2 big problems with the US economy
Weakness among lower-income Americans could spread and "contaminate" other parts of the US economy, El-Erian warned.
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