"Rynek kredytowy wciąż znajduje się w niebezpiecznej strefie. Tak więc, giganci tacy jak Blue Owl i Blackstone, wszyscy oni w ciągu ostatnich kilku miesięcy wprowadzili ograniczenia w wykupach w swoich funduszach private credit typu evergreen. Kiedy największe nazwiska w private credit zaczynają jednocześnie zamrażać wypłaty, oznacza to, że pod powierzchnią coś się psuje, czego nagłówki jeszcze nie wychwyciły lub po prostu nie chcą przyznać." "The credit market is still in a dangerous zone. So, the big guys like Blue Owl and uh Blackstone, they all have gated redemptions on their evergreen private credit funds within the last few months. When the biggest names on private credit start freezing withdrawals simultaneously, it means something is breaking beneath the surface that the headlines haven't caught up yet to or simply don't want to admit."

… 's a very risky time to be buying stocks if you just look at the charts. I mean, Sandis has a monthly RSI of 99. Who the [ __ ] is buying that? But people are and it keeps going up in price for some reason. Then we have the credit markets. Now, this is something we've talked about multiple times before here on the channel, but it hasn't gone away. The credit market is still in a dangerous zone. So, the big guys like Blue Owl and uh Blackstone, they all have gated redemptions on their evergreen private credit funds within the last few months. When the biggest names on private credit start freezing withdrawals simultaneously, it means something is breaking beneath the surface that the headlines haven't caught up yet to or simply don't want to admit. So, we have all these risks building up in the background while stocks just keep on ripping regardless of Iran or credit market risks or any of that kind of stuff. It's the perfect environment, of course, to release these mega IPOs because everyone's ready to be exit liquidity again. But here's the part of the setup that almost nobody's talking ab …

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