
OpinionBX
Blackstone’s rally is daring investors to ignore the one headline that matters
Blackstone’s fundraising machine is still impressive, but the market is acting like the BCRED redemption cap is background noise when it is the headline that matters. A stock trading at 30.23x earnings does not leave much room for investors to shrug off fresh liquidity-stress signals in private credit.
Jun 5, 20264 MIN
