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5min chapter
Performing Credit Quarterly 4Q2023: The Goldilocks Trap
The Insight by Oaktree Capital
Introduction
The chapter discusses the caution towards the prevailing market narrative for the coming year, which demands optimism without a recession or crisis. It explores the impact of declining and ultra-low interest rates, the lack of high inflation, and the interconnectedness of low interest rates with other factors supporting economic growth and asset prices.
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