In this week's episode, Ather Bajwa, Managing Director of Multi-Strategy Research, joins us to deliver a masterclass in private credit – what it is, why it’s important, and what to consider before investing. We also unpack new surveys and reports across a variety of topics including unemployment, inflation, and volatility. As usual, we look at where the markets are in light of the global and national news of the day, such as increasing conflict in the Middle East and the upcoming Federal Open Market Committee (FOMC) meeting.
Speakers:
Brian Pietrangelo, Managing Director of Investment Strategy
Stephen Hoedt, Head of Equities
Ather Bajwa, Managing Director of Multi-Strategy Research
00:23 – The PGA U.S. Open tries to provide a bright spot during a week of somber news from around the globe, including the passing of Beach Boys’ keyboardist Brian Wilson.
01:50 – Initial weekly unemployment claims remain stable from the previous week.
02:18 – The Consumer Price Index shows mixed stories amid persistent inflation; the Federal Reserve’s target of 2% stays elusive.
03:23 – The Fed is unlikely to cut interest rates at next week’s FOMC meeting.
05:06 – Escalating tensions in the Middle East have a negligible downside effect on a stock marketing experiencing all-time highs.
07:33 – A University of Michigan survey of consumers and an American Association of Individual Investors survey indicate an overall improving attitude toward the economy, despite an uptick in the CBOE Volatility Index (VIX).
10:59 – An introductory overview of the trending private credit market.
15:02 – Why private credit is becoming increasingly popular, and what changes we’re seeing in the quality of participants.
17:35 – The advantages and considerations of private credit, and what to consider before making this investment.
Additional Resources
Key Questions | Key Private Bank
Subscribe to our Key Wealth Insights newsletter
Popular Podcasts
NFL Daily with Gregg Rosenthal
Gregg Rosenthal and a rotating crew of elite NFL Media co-hosts, including Patrick Claybon, Colleen Wolfe, Steve Wyche, Nick Shook and Jourdan Rodrigue of The Athletic get you caught up daily on all the NFL news and analysis you need to be smarter and funnier than your friends.
On Purpose with Jay Shetty
I’m Jay Shetty host of On Purpose the worlds #1 Mental Health podcast and I’m so grateful you found us. I started this podcast 5 years ago to invite you into conversations and workshops that are designed to help make you happier, healthier and more healed. I believe that when you (yes you) feel seen, heard and understood you’re able to deal with relationship struggles, work challenges and life’s ups and downs with more ease and grace. I interview experts, celebrities, thought leaders and athletes so that we can grow our mindset, build better habits and uncover a side of them we’ve never seen before. New episodes every Monday and Friday. Your support means the world to me and I don’t take it for granted — click the follow button and leave a review to help us spread the love with On Purpose. I can’t wait for you to listen to your first or 500th episode!
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Follow now to get the latest episodes of Dateline NBC completely free, or subscribe to Dateline Premium for ad-free listening and exclusive bonus content: DatelinePremium.com