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0 0 0.00190839694656484 0 -0.000171755725190778 0.00192748091603062 0.000104961832060994 0.00286259541984727
Stock impact report

BofA downplays the jitters around Blue Owl and says misinformation is rattling private credit [Business Insider]

Blue Owl Capital Inc. Class A (OWL) 
Have an account? Log in Headlines about Blue Owl Capital have sparked fears about the state of private credit. BofA says worries are driven by a lack of understanding and misinformation. The analysts say the panic-fueled sell-off has created a buying opportunity in Blue Owl stock. Canary in the coal mine. The next financial crisis. " Cockroaches ". Those are all phrases used in recent, panicked discussions of private credit, but according to Bank of America, commentary from the bears is creating a stream of misinformation that's to blame for the sector's recent troubles. The Financial Times last week reported that Blue Owl, an alternative asset manager focused on private credit, froze withdrawals from one of its funds offered to retail investors, generating fresh concerns about the market and sparking comparisons to the financial crisis. Economist Mohamed El-Erian said the situation could be a "canary-in-the-coalmine" moment akin to 2007, before the onset of the Great Fin Show less Read more
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