(https://www.marketwatch.com/story/another-redemption-wave-is-spooking-the-2-trillion-private-credit-market-34a64347?mod=mw_rss_topstories) is hitting the $2T private-credit complex, and this matters way more than the headline suggests. Institutional LPs are pulling capital out *just as it's needed most* — right when the S&P's 9-day win streak is running on fumes and narrowing breadth.

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