- The average American is living longer.
- But older people live fewer years in good health. Their “health span” is shrinking.
- Chronic medical conditions are generally associated with higher healthcare expenses.
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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