The Negative Outlook for CreditDefaults in the US

In the US, 81% of fund managers expect credit defaults to increase this year in 23. That's basically everyone except two ladsBasically. For the European number, do you know what that number is, rich, higher or lower? I don't know, bad, probably lower because they're there. percentage of European managers expects credit defaults to increased lower,. definitely lower. But we still have that disconnect. There's sort of in line with that. You're sort of moving away from Canada a little bit now. And again, the expectation is for the economy to deteriorate both in the US as well as Europe.