Mixed results yesterday, but nearly 2/3 of you expect a recession in 2024.

A golden moment for private credit 🤝

The most interesting thing about the private credit market is what’s happening today.

The market is opening up to ordinary retail investors for the first time ever. It's a golden moment.

Percent is the only platform exclusively dedicated to private credit. They provide accredited investors access to a wide variety of high-yield, short-duration offerings (9-month average).

These shorter-term investments are more responsive to current market conditions and interest rates. This means you can regularly calibrate your investments to meet your needs.

• Get as much as 20% APY and more (That’s high)

• Investment minimums as low as $500 (That’s low)

• Swaggy readers can earn up to a $500 bonus with their first investment (Neat)

PS - Check out this guide to investing in private credit: ​How to analyze risk & reward in alternative lending​. This is smart, in-depth stuff. Check it out.

SPONSOR

📊 Income

• Why it makes sense to hold core bonds right now.

• The case against high-dividend stocks.

If you want to invest in US stocks from companies that pay high dividends but don’t want to do the research yourself, check out Public’s High-Income Dividend-Paying plan. It follows the top 20 holdings by weight from the iShares Core High Dividend ETF (HDV).

📊 Crypto

• What you need to know about crypto tax loss harvesting. Such as, wash sales still aren’t illegal.

• Will a spot Bitcoin ETF ever get approved?

🌍 Global Perspectives

🇨🇳 Chinese property stocks surged yesterday as Beijing outlined a rescue plan.

🇦🇪+🇬🇧 An Abu Dhabi-backed investment fund is taking control of the Telegraph newspaper and Spectator magazine.

🇦🇷 What Javier Milei’s presidency means for the world.

🇹🇭 Why you should care that Thailand’s economy is slowing.

🇿🇦 South Africa has posted 0% economic growth for the last 15 years.

🇦🇱 Albania’s opposition disrupted a budget vote with flares and piled-up chairs in Parliament

💎 Wealth Watch

• Four charts that explain the stock market.

• Is now a good time to buy a home?

• How much money does the average American need to be happy?

🗳️ Outside the Box

• RIP Goldman Sachs - GS was once the most feared firm on Wall Street. Those days are gone for good.

• Inside Hamas’s sprawling financial empire.

• Houthi rebels used a helicopter to seize a Japanese tanker in the Red Sea.

• Best non-fiction books of 2023

📈 Trends you need to know

Brought to you by our friends at Glimpse, my favorite way to spot trends.

OpenAI’s ChatGPT has dominated Microsoft Copilot for the last year, but that could be changing.

That’s all for today. Did we miss anything? Smash the reply button to let us know.

Cheers,

Wyatt

Notes

Please read this disclaimer. The authors of Alt Assets, Inc. are not attorneys, investment advisers, accountants, tax professionals or financial advisers and any of the content should not be taken as professional advice. They are self-taught accredited investors, sharing information, research, entertainment and lessons learned based solely on their own experience and circumstances. Individual results may vary. The published content is unique, based on certain assumptions and market conditions at the time of publishing, and is intended to serve solely as research, not financial advice. For entertainment purposes only. Not investment advice. Alts I LLC (the “Fund”) is an affiliate of Alt Assets, Inc. and the Fund has conducted a private placement offering under Rule 506(c) of Regulation D of the Securities Act of 1933, as amended. The Fund may invest in one, several, or all of the alternative asset classes that Alt Assets, Inc. publishes content about on its site. Any of the Fund’s investments that have positive designations on the Alt Assets, Inc. site are purely coincidental, as the Fund is actively managed and guided by its own investment parameters, as summarized in the relevant private placement memorandum. Alternative investing involves a high degree of risk, including complete loss of principal and is not suitable for all investors. Past performance does not guarantee future results. The newsletter may contain affiliate links, meaning that Alts.co and its associated entities may receive compensation for referring customers to the noted companies. We recommend seeking the advice of a financial professional before you make any investment in an alternative asset class or any associated entities, and we accept no liability whatsoever for any loss or damage you may incur.