Dimon and Griffin warn on private credit

- JPMorgan’s Jamie Dimon and Citadel’s Ken Griffin both warned investors that private‑credit and broader debt vulnerabilities may be underpriced and pose liquidity risks. - Dimon reiterated debt‑crisis concerns at a sovereign‑wealth conference and called attention to private‑credit fragilities; Griffin flagged wealthy investors’ misunderstanding of access to capital under stress. - S&P’s stress tests still show life insurers broadly resilient, but the core debate is opacity and liquidity in private‑credit exposures. (finance.yahoo.com) (hedgeweek.com) (gurufocus.com)