Ruth David: Can Crude Distractions Hide Private Credit’s Pain
Cockroaches, jellyfish and questions for regulators
Illustrations: Aya Kakeda for Bloomberg Markets
This article is for subscribers only.
Away from the sound and the fury of the Middle East war, another story is coming back into markets’ focus.
Investors have somewhat acclimatized to oil swinging one way when President Donald Trump declares the war is ending soon, and another when Iran launches a fresh wave of attacks to show it’s not.