Kai Risdahl
👤 SpeakerAppearances Over Time
Podcast Appearances
We will see you tomorrow, everybody.
We will see you tomorrow, everybody.
On the program today, a vote for making finance boring again.
On the program today, a vote for making finance boring again.
We'll do some commodities and then wine.
We'll do some commodities and then wine.
From American Public Media, this is Marketplace.
From American Public Media, this is Marketplace.
In Los Angeles, I'm Kai Risdahl.
It is Tuesday, today the 24th day of March.
It is Tuesday, today the 24th day of March.
Good as always to have you along, everybody.
Good as always to have you along, everybody.
We're going to begin today not with the war, not with equities, not with oil or supply chains, but with a slice of the financial markets that is beginning to become just a little bit unglued.
We're going to begin today not with the war, not with equities, not with oil or supply chains, but with a slice of the financial markets that is beginning to become just a little bit unglued.
Ever since the financial crisis going on 20 years ago now, if you can believe that, investors have been pouring money into what's known as private credit, nearly $2 trillion worth, money that gets loaned out to businesses that were unlikely, shall we say, to be able to get loans from actual banks.
Ever since the financial crisis going on 20 years ago now, if you can believe that, investors have been pouring money into what's known as private credit, nearly $2 trillion worth, money that gets loaned out to businesses that were unlikely, shall we say, to be able to get loans from actual banks.