What are the concerns mentioned regarding private equity sponsors?
Ares CEO Sees M&A Picking Up Even Without More Rate Cuts

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2.
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How do interest rates and tariffs impact the economic outlook for 2025?
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3.
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What is the significance of rate stability in the current economic environment?
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What factors could lead to interest rates remaining high in the future?
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How is the market transitioning to the new cost of capital?
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