1. Miller Tabak's Matt Maley Warns: Private Credit Market Underestimates Liquidity Shock Risk
Miller Tabak Chief Market Strategist Matt Maley is sounding a sharp warning that systemic risks in the private credit market are being dangerously underestimated. The core threat isn't the sheer size of the market, but the potential for a sudden liquidity freeze in an environment where assets are already richly valued....