Tyler Crowe

Now, we're going to cover the market buzz around private assets that are looking to make their way into retirement accounts and cover stocks on our radar like we do on every Thursday.

But first, earnings season is heating up.

Yesterday, our colleagues discussed ASML's results, and we were tempted to also discuss Taiwan Semiconductor's strong earnings report and outlook.

But I feel like we've discussed AI and the picks and shovels plays a lot lately on our episode of Motley Fool Money.

We wanted to look at some of the non-AI parts of the markets, and what better way to do that than with the big banks.

The results from JPMorgan, Bank of America, Wells Fargo, and several others came out earlier this week.

We don't want to rehash the numbers too much.

Instead, I want to really focus on some of the big takeaways.

from either the outlooks or commentary that we saw in the market.

Matt, what stood out to you on this most recent round of updates?

I guess it goes to show what kind of personality I have, because I kind of focused in a little bit on the one negative market commentary that I think we saw in all of the banking stuff.

It was during the JP Morgan conference call.

Jamie Dimon made some kind of

comments on the state of private credit and lending to private credit.

This comes on the heels of auto parts manufacturer First Brands Group and used auto dealer Tricolor, both filing for bankruptcy.

These are both private companies.

And those companies had loans with private creditors who also just had those private creditors had loans with big banks.

So, Jimmy Diamond kind of hinted that he thinks the private credit and other these

non-bank financial institutions, lenders to private equity and things like that, a lot of his commentary pointed to being a little bit of a weak point in the market.

I'm trying to sparse between his commentary being like, well, we don't know how good these folks' underwriting is.