Why JPMorgan Chase CEO Jamie Dimon isn't sweating private credit

JPMorgan Chase CEO Jamie Dimon downplayed the threat of a private credit meltdown, while Goldman Sachs signaled that its private credit business is in good shape.Why it matters: The trend of investors exiting private credit funds has raised concerns that a blowup in nonbank lending could infect the broader financial markets.The big picture: Dimon noted Monday in his annual letter to shareholders that the leveraged private credit market totals $1.8 trillion, while investment-grade bonds total $13...