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0.00348837209302339 0.00348837209302339 0.00290697674418609 0.00581395348837218 0.00697674418604657 0.00306976744186054 -0.000441860465116282 -0.00447674418604641
Stock impact report

A shadow banking meltdown would spell disaster for Maga [Yahoo! Finance]

Blue Owl Capital Inc. Class A (OWL) 
Company Research Source: Yahoo! Finance
Blue Owl Credit, one of the leading players in the private credit industry, has already started limiting investors' ability to withdraw their money. The shares of asset managers have already tanked on fears of contagion. And US Treasury officials have started calling meetings to assess the scale of potential losses. It remains to be seen whether the wobbles within the “shadow banking” industry trigger a full-scale panic . Even so, one point is surely already clear: a crash would be a catastrophe for Donald Trump. Not only because of the obvious economic impact but because his whole Maga movement was built on not bailing out Wall Street. The private credit, or shadow banking, crisis is getting more worrying all the time. The alternative asset managers have built up huge businesses by making high-interest loans to companies. As some of those turn sour, as risky loans eventually do, the whole industry will run into trouble. Only this week, Blue Owl Capital said it would bloc Show less Read more
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