The start of the third quarter brings a familiar level of uncertainty surrounding U.S. tariff policy, yet financial markets appear far less jittery than at the start of the prior quarter. While high-conviction predictions on tariffs are scarce, and understandably so, the immediate economic headwinds facing the U.S. have notably eased. This abatement is largely thanks to the passage of a significant fiscal stimulus bill, the structural robustness of the corporate sector, and the looming prospect of the first Federal Reserve rate cut in 2025.
Gramercy is proud to announce the closing of a recent private credit transaction.
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