Nuggets | Curated insights across markets, macros, AI, tech & geopolitics

Apollo: "Recessions are occurring less frequently, see chart. For investors, this means full-blown credit cycles occur less often. Between recessions, investors should prepare for sector-specific cycles, such as the current downturn in software, where one or two subsectors face distress while the rest of the economy is fine. **The bottom line is that credit opportunities arise not just during recessions,…