What's Actually Going On With Private Credit
Episode publishedPodcast: Odd LotsOdd Lots
Transcript preview
Preview only
Introducing Fidelity Trader Plus, the next generation of advanced trading from Fidelity. Customize your tools and charts and access them seamlessly across desktop, web, and mobile for faster trades anywhere you go. Try the all new Fidelity Trader Plus. Learn more about our most powerful trading platform yet at fidelity.com/traderplus. Investing involves risk, including risk of loss. Fidelity Brokerage Services LLC. Member, NYSE SIPC.
So there's a lot of noise about AI, but time's too tight for more promises. So let's talk about results. At IBM, we work with our employees to integrate technology right into the systems they need. Now a global workforce of 300,000 can use AI to fill their HR questions, resolving 94% of common questions. Not noise. Proof of how we can help companies get smarter by putting AI where it actually pays off, deep in the work that moves the business. Let's create smarter business. IBM.
When you're running a business, the best days are the ones where priorities stay on track. For midsize and large companies, that isn't always easy. Risk can touch multiple parts of an organization at the same time, often in ways that aren't immediately obvious. It might involve property, liability, or cyber. It could stem from regulatory requirements or challenges tied to a specific industry or the scale of an operation. At that level, managing risk becomes an ongoing discipline, not a one time decision. At The Hartford, the focus is on helping businesses manage risk before it turns into somet
Bloomberg Audio Studios. Podcasts. Radio. News. Hello, and welcome to another episode of the Odd Lots Podcast. I'm Tracy Allaway.
And I'm Joe Wiesenthal.
Joe, I think it's fair to say that if we didn't have the situation with Iran Yeah. We would be talking a lot more about private credit.
Yeah. Yeah. For sure. Jamie Dimon, he talked about the cockroaches. We keep getting these headlines over the last several weeks, maybe months, various mini, you know, not blowups per se, but many something between a hiccup and a blowup. In some cases, you hear about redemptions being slowed down, etcetera. Not great headlines and not great charts often too when you look at the various publicly traded instruments that one would associate with private credit.
Right. So I love that you said something between a hiccup and a blow up because this is the difficulty I have in talking about the private credit space at the moment, which is you either find people who are often very close to the private credit industry or in it who will argue that this is just, you know, a tiny bump This in the is maybe a few cockroaches, like nothing to worry about, although a single cockroach would worry me in my own household. But anyway Or you get doomsayers who are like, this is financial crisis two point zero. Right? And it's very difficult to find nuanced commentary i
Yeah. And we were we're always looking for nuanced commentary. So this is a problem for the OddLots podcast.
Keep exploring with a free account.
A free account preserves the short preview. Upgrade to Pro for the full transcript and episode chat.