Unlike 2007-2008 (when daily ABX index data was available), private credit disclosure is opaque and infrequent, making it impossible to see deterioration in real-time, so the crisis will arrive suddenly when it becomes undeniable.

factualpending

Speaker

Jeff Gundlach

Evidence Quote

But, unlike 2007, where we had data points every minute of every day because we had the ABX triple B index that started fall like like like a brick, here we only get when they feel like reporting. And that that there's no requirement that they actually do it.

Source

Jeffrey Gundlach and Felix Zulauf: The Second Inning of a Major ShiftDoubleLine Capital
Created: 8/12/2026, 6:25:56 PM

My Notes

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