Dan Primack Mar 1, 2017
Leon Black: We're in a credit bubble
Apollo Global Management boss Leon Black spoke at the SuperReturns event in Berlin yesterday (per WSJ):
The terms on a lot of this debt today are similar to what they were... which indicates that we're probably in a credit bubble at this point.
Black adds that the situation could persist for quite some timing, depending on what policies are ultimately pursued by the Trump Administration.