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Business
from24/7 Wall St.
3 days ago

Wall Street's Own Stock Is Getting Hammered on Reddit and Here's What Investors Are Missing

Morgan Stanley capped redemptions at its North Haven Private Income Fund after investors requested withdrawals of nearly 11% of shares, returning only 45.8% of tender requests, triggering bearish sentiment and comparisons to broader private credit market concerns.
fromFortune
6 months ago

UBS gives America a recession check-up and sees a 93% probability from the hard data, with a 'soggy' economy ahead

There are certain words you don't want to hear in a medical checkup, or in an investment bank's recession outlook: "stable but elevated." It's a phrase that could refer to blood pressure, even risk of a heart attack, a favorite metaphor of hedge-fund legend Ray Dalio, or in UBS' evaluation, risk of a recession.
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