evangelos kondylis @dikonti - Twitter Profile

Is this a “canary-in-the-coalmine” moment, similar to August 2007? This question will be on the mind of some investors and policymakers this morning as they assess the news that, quoting the FT, the “private credit group Blue Owl will permanently restrict investors from withdrawing their cash from its inaugural private retail debt fund.” There’s plenty to think about here, starting with the risks of an investing phenomenon in advanced (not developing) markets that has gone too far overall (short answer: yes), to the approaches being taken by specific firms (lots of differences, yet subject to the “market for lemons” risk). There’s also the “elephant in the room” question regarding much larger systemic risks (nowhere near the magnitude of those which fueled the 2008 Global Financial Crisis, but a significant – and necessary – valuation hit is looming for specific assets). More to follow on this. #economy #markets #privatecredit @FT #BlueOwl

elerianm's tweet photo. Is this a “canary-in-the-coalmine” moment, similar to August 2007?
This question will be on the mind of some investors and policymakers this morning as they assess the news that, quoting the FT, the “private credit group Blue Owl will permanently restrict investors from withdrawing their cash from its inaugural private retail debt fund.”
There’s plenty to think about here, starting with the risks of an investing phenomenon in advanced (not developing) markets that has gone too far overall (short answer: yes), to the approaches being taken by specific firms (lots of differences, yet subject to the “market for lemons” risk). There’s also the “elephant in the room” question regarding much larger systemic risks (nowhere near the magnitude of those which fueled the 2008 Global Financial Crisis, but a significant – and necessary – valuation hit is looming for specific assets).
More to follow on this.
#economy #markets #privatecredit @FT #BlueOwl

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evangelos kondylis @dikonti

6 months ago

https://t.co/z3sAPPtFuH

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evangelos kondylis @dikonti

7 months ago

Polymarket refuses to pay bets that US would ‘invade’ Venezuela https://t.co/mtWZoiR2fS via @ft

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evangelos kondylis @dikonti

9 months ago

U.S. national debt surpasses $38 trillion, just two months after reaching $37 trillion in August. This means it rose by $1 trillion in over two months (the fastest single-year accumulation in debt outside of the emergency government spending during the COVID-19 pandemic).

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Public Issue @publicissue

10 months ago

Το κυβερνητικό κόμμα στην Ελλάδα (ΝΔ) εμφανίζει το 2ο χαμηλότερο ποσοστό αποδοχής μεταξύ των κυβερνητικών κομμάτων 24 χωρών, που διερευνά η Pew παγκοσμίως, ενώ το κόμμα της αξιωματικής αντιπολίτευσης (ΠΑΣΟΚ) το χαμηλότερο μεταξύ των αντιπολιτευτικών