Latest / Eurodollar University
Goldman Sachs Just Confirmed the Worst-Case Scenario
For the first time in this cycle, the money going out of major private credit vehicles has surpassed the money coming in. That is the headline, how private credit machine is now facing sustained investor outflows. Stage 2. And here’s the other big part of that – these net outflows are indeed forcing asset sales onto an industry that was never really built for this. That means we’re already deeper into Stage 2 than most people would think.
Eurodollar University's Money & Macro Analysis
--------------------------------------------------------------------------------
Learn more about Augusta…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.