“When you look at where you are today, really 5.25%–5.5% is likely to be the peak. But [in private markets], certainly you’re conceding liquidity, you’re going to have marginally more risk, but you’re boosting your return potential to high single digits, low teens.”
–Troy Gayeski
Chief Market Strategist Troy A. Gayeski joined Bloomberg to discuss what current rate cut expectations could mean for cash. He addressed how equities are responding to higher rates, what economic momentum could mean for private credit and how issuers are taking advantage of continued Fed tightening.
Watch the video to hear more from Troy.