Chris Tobe, CFA
40.7K posts

Chris Tobe, CFA
@tobecb
Chris Tobe, CFA is an Investment Consultant providing hourly advice & 2nd Opinions to 401ks, attorneys & individuals. Writes for https://commonsense401kproject




Ro Khanna has been inspiring to watch during this Epstein scandal while he fights Trump and the White House, as they stonewall the probe at every turn. We too will not rest until those who committed these crimes are held accountable. Don't forget to subscribe: dworkinsubstack.com/subscribe

Don't forget that private credit became hot b/c everyone got paid handsomely vs investor friendly products like ETFs. - Service providers charged 5-10x ETF costs - Managers earned 4x+ the fees vs credit ETFs. - Many advisors got loads and ongoing servicing fees vs zero w/ETFs.




While the world is distracted by the Iran war, private credit is blowing up - BlackRock limits withdrawals - Blue Owl has restricted withdrawals - Morgan Stanley limits withdrawals This is a ~$2T market... With an expected surge in inflation due to supply disruption, expect this situation to worsen.

While the world is distracted by the Iran war, private credit is blowing up - BlackRock limits withdrawals - Blue Owl has restricted withdrawals - Morgan Stanley limits withdrawals This is a ~$2T market... With an expected surge in inflation due to supply disruption, expect this situation to worsen.

















