[audio] Blue Owl lifts redemptions to 17%—private credit trust shakes, China volumes surge скачать в хорошем качестве

[audio] Blue Owl lifts redemptions to 17%—private credit trust shakes, China volumes surge

Blue Owl lifts redemptions to 17%—private credit trust shakes, China volumes surge ① Private Credit: Liquidity as a Function of Trust The Blue Owl redemption episode highlights that liquidity in private credit is less about cash buffers and more about execution credibility under stress. As retail participation expands, redemption expectations shorten while underlying assets remain long-dated and illiquid, creating mismatch. Limited transparency and delayed price discovery can amplify doubts about hidden losses. The core risk is sudden repricing driven by confidence shocks, not credit quality alone. ② China Equities in 2026: Alignment Is Key Both Morgan Stanley and Goldman Sachs remain constructive on China, but with conditions. Surging turnover signals risk appetite, yet also raises overheating concerns. Sustainable gains require earnings delivery—especially from AI and technology—and a stable, well-managed yuan. Without alignment across liquidity, profits, and FX, rallies risk turning volatile rather than structural. At the start of the new year, subscribing, liking, and turning on notifications would mean a lot. Your support helps keep things steady this year. I’ll continue preparing each video with care. Feel free to stop by whenever you have time. Let’s take this year slowly and keep going together.