Private credit risks

Markets have rallied significantly since March 30th, rebounding from declines attributed to geopolitical tensions and private credit concerns. A key driver of this surge is the absence of the dire outcomes investors feared. Stable interest rates and the resilience of major tech stocks, like Nvidia, have fueled the recovery. While caution is advised due to potential overbought conditions, the recurring lesson is to resist fear-driven decisions and maintain a disciplined, long-term investment approach.