“Even though the Fed has cut by 1%, we’re still going to have higher base rates. And because the economy is relatively robust, default rates should stay benign. So, investors in private credit should enjoy higher for longer in terms of income, without a hangover of defaults.”
–Troy Gayeski
Chief Market Strategist Troy A. Gayeski, CFA joined Bloomberg to discuss the macro trends driving potential opportunities in private credit. He addressed the outlook for publicly listed equities, the potential challenges for fixed income and what an M&A increase in 2025 could mean for investors and allocators.
Watch the video to hear more from Troy.