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The New Normal (...again)

Like most crisis before, this time is completely different and completely the same. But one aspect of the predicament we and the markets find ourselves in is clear already - it is not a crisis of liquidity as was the case in the late 00's. Instead liquidity is plentiful, the question being where will that liquidity find a home in the face of heightened uncertainty and a shifting geopolitical and economic landscape?

Image by pixabay.com
Image by pixabay.com

In the past few weeks, the Private Debt market and its participants were a frequent subject to headlines in the business and financial news. Does that mean that this market, now about a decade old in Europe and two decades old in the US, is becoming mainstream?

Photo by Lennart Heim
Photo by Lennart Heim

For the second year running, the Altimapa team has put together a few lines on their reading choices for the summer vacations. This year we combine an interest in history, mythology, tap dancing and, as may be expected, business. There is a strong preference for non-fiction, even more so than last year - maybe that reflects how the world is turning out to be stranger than fiction!