The Fujifilm X-E5 is already a beautiful camera, arguably one of the best-looking new models released last year. SmallRig wants to make the X-E5 even more stylish (and functional) with a new wooden...
The Fujifilm X-E5 is already a beautiful camera, arguably one of the best-looking new models released last year. SmallRig wants to make the X-E5 even more stylish (and functional) with a new wooden grip and Arca-Swiss tripod plate attachment.
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JPMorgan Chase CEO Jamie Dimon downplayed the threat of a private credit meltdown, while Goldman Sachs signaled that its private credit business is in good shape.Why it matters: The trend of invest...
JPMorgan Chase CEO Jamie Dimon downplayed the threat of a private credit meltdown, while Goldman Sachs signaled that its private credit business is in good shape.Why it matters: The trend of investors exiting private credit funds has raised concerns that a blowup in nonbank lending could infect the broader financial markets.The big picture: Dimon noted Monday in his annual letter to shareholders that the leveraged private credit market totals $1.8 trillion, while investment-grade bonds total $13 trillion and residential mortgage securities and loans also total $13 trillion."In the great scheme of things, private credit probably does not present a systemic risk," Dimon wrote.Zoom in: His comments came on the same day that Goldman Sachs disclosed a Q1 letter to its credit shareholders stating that repurchase requests represented less than 5% of shares as of Dec. 31.That's lower than the firm's quarterly repurchase cap, signaling that investors aren't panicking."We believe these results highlight the strong position of GS Credit relative to the broader non-traded BDC industry," the firm said in the letter, referring to business development companies.Yes, but: "Fears that artificial intelligence could erode the earnings power of software companies and weaken their ability to repay loans are rippling through the private credit industry, a key lender to the technology sector, prompting investors to reassess their exposure, redemption risks and fundraising prospects," Reuters reported Monday.And Dimon acknowledged that a downturn in credit, "which will happen one day," will lead to "higher than expected" losses on "all leveraged lending.""This is because credit standards have been modestly weakening pretty much across the board," he wrote. And "by and large, private credit does not tend to have great transparency or rigorous valuation 'marks' of their loans — this increases the chance that people will sell if they think the environment will get worse — even if actual realized losses barely change."The bottom line: JPMorgan and Goldman aren't sweating private credit, but risks remain.
Заявление Армении о выходе из ЕАЭС и ОДКБ в случае повышения цен на российский газ для республики является некорректным. Так прокомментировал выступление председателя нацсобрания Алена Симоняна виц...
Заявление Армении о выходе из ЕАЭС и ОДКБ в случае повышения цен на российский газ для республики является некорректным. Так прокомментировал выступление председателя нацсобрания Алена Симоняна вице-спикер Совфеда Константин Косачёв в своём Telegram-канале.
константин косачев
заявление спикера армении
цена газа
совфед
алена симоняна
Utah Valley University has released heavily redacted records — while withholding others entirely — in connection with the Sept. 10 killing of conservative leader Charlie Kirk, according to the Dail...
Utah Valley University has released heavily redacted records — while withholding others entirely — in connection with the Sept. 10 killing of conservative leader Charlie Kirk, according to the Daily Caller.
kirk killing
utah valley university
security lapses
charlie kirk
conservative leader
records release
Michael Kay and David Cone are back to their normal banter. During Sunday’s Yankees broadcast on the YES Network, a picture of a grandmother — listed as Rebecca on the on-screen graphic — and her g...
Michael Kay and David Cone are back to their normal banter. During Sunday’s Yankees broadcast on the YES Network, a picture of a grandmother — listed as Rebecca on the on-screen graphic — and her granddaughter Hannah was shown on the screen to highlight fans at the games. Kay had another thing on his mind....
grandma
yankees
broadcast
funny moment
yes network
Michael Kay and David ConeMichael Kay and David Cone are back to their normal banter. During Sunday’s Yankees broadcast on the YES Network, a picture of a grandmother — listed...