Money with Murphy: The Popularity of Private Credit: Wall Street’s Latest Trending Asset Class
Money with Murphy: The Popularity of Private Credit: Wall Street’s Latest Trending Asset Class
“When you see one cockroach, there’s probably more,” said JPMorgan CEO Jamie Dimon in an Oct. 14 comment referring to cracks he’s seeing in the banking sector. The, now, infamous cockroach quote sparked important debate about the $1.6 trillion private credit market, which has grown 300% over the past decade while delivering strong risk-adjusted returns. Understanding both the opportunities and risks of this evolving asset class is essential for investors looking to tap into one of the market’s most compelling areas of growth.
In this week’s Markets in a Minute, Kara breaks down how resilient corporate fundamentals are supporting the rally and what you should be looking for next.
In this week’s Money with Murphy, Kara uses past technological revolutions across railroads, electricity, and fiber optics to explain why the biggest winners may shift from the builders of the infrastructure to the early adopters.
Markets in a Minute: Private Credit: Between Pressure and Performance
