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The Consumer is Slowing Down (EP.363)

Animal Spirits Podcast

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The Rise of Private Credit and Consumer Spending Trends

This chapter explores the ascendance of private credit, driven by reduced traditional bank participation in riskier corporate lending, resulting in substantial growth in private credit funds. It also scrutinizes the slowing momentum of U.S. consumer spending and the complexities of inflation, suggesting a nuanced relationship between consumer behavior and economic health. Furthermore, it highlights generational wealth disparities and the potential implications for institutional investors amidst challenging market conditions.

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