How to trade gold and bitcoin after the big stock market rebound
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Finance
JPMorgan Chase reins in lending to private credit firms after marking down software loans
Key Points JPMorgan is marking down collateral held by private credit firms and reducing their borrowing capacity — a preemptive move driven by market valuations, not actual loan losses. The markdowns target software company loans, where AI advances have sparked fears of disintermediation, triggering a private credit downcycle and abnormally high redemptions at firms like […]
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