Trump has support from billionaires, but is seeking private credit. Looking for a trend.

Reported 4 months ago

In the episode of "Asking for a Trend" hosted by Josh Lipton, two key stories are explored: the aftermath of Trump's conviction and the surge in private credit. Following Trump's conviction, billionaires like Elon Musk and Bill Ackman have shown support for him. Meanwhile, there is a rising trend in private credit, with major banks investing over $50 billion in this form of financing. The show also features insights from experts like Harvard Kennedy School research fellow Gautam Mukunda and Yahoo Finance's Julie Hyman. The episode delves into the reasons behind these trends and their implications in the market.

Source: YAHOO

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