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Marblegate sees ongoing operational and financial distress for mid-market > The oversupply of multifamily units is reversing, manager says > DWS’s Henderson sees structural shift toward private credit lenders
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A new white paper from Marblegate Asset Management contends that the US middle market, the huge swath of the economy outside of the public market indexes and beneath the attention of headline numbers that have been fueling optimistic narratives, has entered an era of “acute financial and operating distress” Read More

If you're looking exclusively at public companies to assess the health of U.S. businesses, you're missing a big piece of the puzzle, Axios' Kate Marino writes. Read More

Private US companies are seeing their earnings and profit margins collapse after the Federal Reserve’s rate hikes have lifted financing costs, and are increasingly going broke, according to a new report. Read More