How to Invest in the Markets

With public rates being up the side, it's certainly attractive-looking strategies. Even in the private markets, to the degree, someone has the disposition to look at non-publicly traded investment vehicles. Private credit is another mechanism. When is that going to blow up? Well, I don't know if it will blow up, but it's certainly going to see a greater prevalence of defaults If we have a slowing economy in the next 12 months. But I don't believe you're going to have enough defaults to complete worsen the outcomes from private credit.