Private Credit Risks Overstated, Swedroe Says Crisis Unlikely
There has been a lot of talk about the risks of private credit. On our latest @excessreturnpod, @larryswedroe joins us to break down what’s real, what’s misunderstood, and why the talk of a crisis may be overblown. https://t.co/2YaxfJoTXx https://t.co/sJIN95N8lD
War, Volatility Premium, and Oil Shock Stress Fed
Lots of unusual stuff going on in markets right now. A war that’s tough to price, a big vol premium with VIX still in the 20s, and an oil shock putting the Fed in a tough spot. @CultishCreative and I break it...
Vol Premium Soars While VIX Stays Low
Vol premium is near historic highs. But VIX is only 25. On the latest OPEX Effect on @excessreturnpod, @spotgamma explains what’s going on behind the scenes and what it could mean for the market. https://t.co/fKAHUZs21I
Tech Gap, AI Disruption, and Defense Supercycle Insights
We covered a lot of ground this week on @excessreturnpod with new interviews featuring Jim Paulsen, Vitaliy Katsenelson, and Joseph Shaposhnik. @CultishCreative and I highlight the best moments and break down the biggest lessons. https://t.co/Hklp9wx0tH • The growing gap between tech and the...
Record Large‑Cap vs Small‑Cap Spread Signals Hidden Opportunities
“The spread between large-caps and small-caps is the widest we’ve ever seen.” Rob Arnott joins us on @excessreturnpod to discuss historic valuation gaps, AI expectations, investing in periods of conflict and why the biggest opportunities may be where investors aren’t looking....
AI Capex Boom Outpaces Global GDP, Prompting US Shift
“There’s just not enough GDP to support all of them.” @dampedspring returns to @excessreturnpod to break down the funding test behind the AI Capex boom, how the Iran conflict is being priced, and why he’s shifted away from US assets. https://t.co/wooKnQeQKH
Diversify Beyond 60/40 to Reduce Lifetime Consumption Risk
“Risk is the uncertainty of lifetime consumption.” We sit down with @cullenroche to discuss his new book Your Perfect Portfolio. We start with a basic 60/40 portfolio and then examine, step by step, the case for adding international, factors, gold, private assets,...