28: Finance's Hot New Thing Ended Up In An Old-School Scandal

28: Finance's Hot New Thing Ended Up In An Ol...

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Blackstone's Michael Zawadzki on How Private Credit Got so Big

We talk all the time about private credit. And we increasingly talk about it from the perspective of the AI buildout, and how all of these datacenters are being financed. But why did the space get so big in the first place, and what does its history indicate for the future of the ...  Show more

Pimco CEO Manny Roman on Japanese Bonds and the Sell America Trade

Earlier this week, we saw something unusual happen in markets. The S&P 500 fell 2%, US Treasury yields rose, and the dollar simultaneously declined. This trifecta of market moves has rekindled talk of the "Sell America" trade as investors worry about the Trump administrations thr ...  Show more

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