Wall Street’s New ‘Shadow Banks’ Want Your Money

Booming ‘private credit’ industry aims to include 401(k) investors (vanligt folk) 16 maj

https://www.wsj.com/finance/investing/private-credit-industry-loans-blackstone-apollo-kkr-83d687cd


‘Shadow banks’ have grown rapidly and, like banks, are exposed to risk from higher interest rates

As of 2023, their assets amounted to an estimated $239 trillion, or more than 225% of global gross domestic product — compared with 178% for traditional banks.

https://englundmacro.blogspot.com/2023/05/tip-of-debt-iceberg.html


The private credit market $1.5 trillion

https://englundmacro.blogspot.com/2023/05/the-private-credit-market-15-trillion.html

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