Performing Credit Quarterly 2Q2024: The Dual Economy
Update: 2024-07-30
Description
In the latest Performing Credit Quarterly, Armen Panossian (Co-CEO and Head of Performing Credit) and Danielle Poli (Assistant Portfolio Manager, Global Credit) discuss how conflicting trends in the bifurcated U.S. economy are sending mixed signals and creating challenges for both central bankers and investors. They discuss the potential implications for credit investors and how many companies with unstable capital structures may no longer be able to keep kicking the can down the road if interest rates remain elevated and pockets of the economy weaken.
You can read the 2Q2024 PCQ here (https://www.oaktreecapital.com/docs/default-source/default-document-library/pcq-2q2024.pdf?sfvrsn=73d75566_3).
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