Should we worry about private credit?
The IMF’s latest global financial stability report raises questions about the boom in the investment class
Unhedged · Financial Times & Pushkin Industries
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Show Notes
Private credit is booming, nearing $2tn in assets globally. Most of that debt is being traded out of the public eye, a fact highlighted in the latest Global Financial Stability report from the IMF. Is the IMF right to be worried? We discuss. We also short media coverage of Jamie Dimon and go long vowels.
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