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David looks at why private credit may be setting the stage for the next major financial break. They walk through the growing risks in insurance portfolios, private equity, and commercial banking, and why more of that exposure may be finding its way toward everyday investors. The episode also covers recession pressure, energy shocks, interest rates, […]
[CNBC] Dow futures drop 400 points as Iranian war tensions escalate: Live updates
[Axios] U.S. takes Iran-flagged ship into custody, Trump says
[AP] US seizes Iranian-flagged ship near Strait of Hormuz and Tehran vows to respond
[AP] Live updates: Trump says talks will resume as standoff escalates over Strait of Hormuz
[Axios] Burgers approach luxury territory as beef prices remain high
[AP] Live updates: Trump says talks will resume as standoff escalates over Strait of Hormuz
[Axios] Trump to send Vance back to Pakistan for make-or-break Iran talks
[AP] Iranian official says US ‘maximalist’ demands stall face-to-face talks
[Yahoo/Bloomberg] War Revives Stagflation Dangers for Global Economy
[Yahoo/Bloomberg] Traders Ready to Put War Behind Them Dial Up Risk
[Bloomberg] Hormuz Shipping Traffic Grinds to a Halt as Tensions Deepen
[Bloomberg] Big Tech’s $4 Trillion Boomerang Powers S&P 500 to New Heights
[WSJ] Behind Trump’s Public Bravado on the War, He Grapples With His Own Fears
[WSJ] Iran’s Hard-Liners Flex Their Muscle With a U-Turn Over Hormuz
[WSJ] The Record Stock Market Rests on Some Big One-Offs
[WSJ] Private Credit Is on the Hunt for Credit-Card Debt
[WSJ] Wealth-Tax Fever Is Spreading to Less-Wealthy States
[WSJ] You’re About to See a Lot of Critical Software Updates. Don’t Ignore Them.
[FT] Wealth advisers made more than $2bn from private capital fees

David looks at why private credit may be setting the stage for the next major financial break. They walk through the growing risks in insurance portfolios, private equity, and commercial banking, and why more of that exposure may be finding its way toward everyday investors. The episode also covers recession pressure, energy shocks, interest rates, […]
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