fromBusiness Insider
2 days agoCiti CEO doesn't see systemic risk lurking in private credit - unless these 3 things converge
There'll be some idiosyncratic risk in there from folks who don't have good credit standards, but I don't think it's a systemic issue. Where it gets a little more concerning would be if the Middle East crisis goes on for a long time, and you see a convergence of the concerns on AI valuations.
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