"Right now, the level of defaults is relatively healthy by historical standards."
Vivek Bantwal, @GoldmanSachs co-head of private credit, delivers his latest outlook and says he's not seeing any systemic issues:
"We would expect that capex is maybe revised up slightly, but not meaningfully."
Greg Calnon, @GoldmanSachs head of public investing, sets the stage as we get set for a big slate of mega-cap tech earnings this afternoon: