The Big Picture by John Fekete: What’s Next?

January 2025 – John Fekete, Crescent Capital’s Head of Tradeable Credit, discusses the state of the U.S. economy and the outlook for debt markets.

John outlines his assessment of debt markets as we begin the new year including the impact of projections of slower and shallower rate cuts in 2025, new Administration policies and the overall resiliency of the U.S. economy so far. He also describes attractive opportunities we are seeing as a result – specifically in syndicated bank loans and CLO debt.

Read the full commentary here