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Sep 04 2026

Private Credit Contagion Watch—Improving But Not All Clear

  • Sep 4, 2026

The latest data proposes that the acute phase of the early 2026 private-credit contagion has been restrained so far, but the stress is still real. While FSK showcases how a credit cycle can be properly managed, the 777 failure is a sobering reminder of the systemic vulnerabilities deeply embedded in this space.

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About The Author

Chun Wang / Director of Multi-Asset Strategies

Chun Wang Director of Multi-Asset Strategies

Chun is the Director of Multi-Asset Strategies for The Leuthold Group, LLC. He also serves as a Co-Portfolio Manager across a range of Leuthold investment portfolios.

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