Famed bond investor Jeffrey Gundlach thinks the private credit industry is sowing the seeds of the next financial crisis.

Shortly after sharing the posts, Burry's Scion Asset Management disclosed that it placed bets against two AI giants, Nvidia ...

Key Takeaways Jeffrey Gundlach, a bond market veteran, predicted private credit would be the cause of the next financial crisis during a recent podcast appearance.Private credit markets have ballooned ...

Michael Burry has reportedly placed a $1.1 billion short bet against AI leaders Nvidia and Palantir, signaling his conviction ...

The shock, and weaker American demand, would spill over to low-growth Europe and deflationary China, compounding the blow to ...

The financial sector has had a volatile year in 2023. Banking crisis in March, precipitated by higher interest rates and poor risk management, led to the collapse of Signature Bank, Silicon Value Bank ...

He said debt ratios are historically high, while bailouts during the pandemic have resulted in "zombie corporations." It runs contrary to what Wall Street banks like Goldman Sachs have been saying ...

Shropshire Council's financial crisis has worsened with a significant rise in its projected multi-million pound overspend.

Economic expert Manar Al Obaidy warns that Iraq faces a real budget deficit exceeding 15 trillion dinars in 2025, with ...