what we know is about 9+% delinquency. The black swan may be found in what we do not know.
Let us lay out the cards. People who could not borrow from banks go to Private Credit. It would imply more risks (& reward). Without due diligence, defaults is not unexpected. Let us monitor.
$Apollo Global Management Inc(APOS)$
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
