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Private Credit Defaults Nudge Up: A Warning?
This relatively new alternative asset class had a 2.7% rate for loan non-payments in the second quarter, a Proskauer study says.
This relatively new alternative asset class had a 2.7% rate for loan non-payments in the second quarter, a Proskauer study says.
JPM chief points out that these loans have not yet faced a real economic downturn, which high-yield did.
Several finance savants, including Jamie Dimon, admonish that high inflation and a punk economy could stage a comeback.
Institutions keep their toeholds in bitcoin and others amid epic market slide.
The JPM chief says lifting the cap would only benefit the wealthy, with their huge property levies.
The digital asset is gaining more acceptance among institutional investors.
Retirement funds and other institutions are gradually warming to cryptocurrencies.
BlackRock chief says homebound labor stifles cooperation and erodes corporate culture.