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All Hell Breaks Loose: BlackRock, JP Morgan, Blue Owl, OpenAI
Five major developments in the credit crisis/bust. BlackRock, JP Morgan, Blue Owl, Apollo and another big run on a big fund. Private credit didn't go anywhere, the situation keeps escalating and each one of these represents more significant confirmation of the shift toward toxic waste status. From asset valuations to more losses at big names, the behavior has radically changed.
Eurodollar University Money & Macro Analysis
Gundlach Warns Investors Will Lose Money on Private Credit
https://finance.yahoo.com/markets/stocks/articles/gundlach-warns-investors-lose-money-200041360.html
BlackRock…
The skinny
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