Could the unfolding #PrivateCredit crises turn out to be worse for the #economy that the #IranWar⁉️ Private-credit funds, a $3 trillion market, face an exodus of cash due to concerns over tech sector loans and potential AI impact. Mark-to-market accounting, valuing assets at current prices, is amplifying pain in private credit by creating “fire sale” prices. Will the banks, who provide much of the funding for the private credit market, be the next to suffer? #banks #banking #Finance #investing

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