PRIVATE EQUITY: THE NEXT CRISIS?

The 'tourist's finally finds a way to bet on widening credit spreads!

The other day I was out after a dinner event with a subscriber, and he asked me, “why don’t you do single stock picks anymore?” I stammered a little and tried to come up with a reason, but realized I didn’t have a good one. He continued, “I remember during COVID you highlighted Yeti and the camping equipment stocks. I climbed aboard. You did well. You s…