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The case for private credit

Goldman Sachs Exchanges
Duration: 00:19:30
4/15/2025
  • The podcast highlights the increasing significance of private credit in commercial real estate, particularly as traditional banks struggle to lend effectively due to regulatory pressures and market challenges.
  • The discussion emphasizes the strategic advantage for firms like Peachtree Group to step in and fill the lending void, allowing for lower risk investments while achieving returns comparable to equity strategies.
  • Greg Fredman notes that Peachtree Group's approach to investing across both debt and equity positions uniquely positions them to navigate and benefit from the current real estate market dynamics.

The recession question

Goldman Sachs Exchanges
Duration: 00:33:44
4/11/2025
  • Consumer sentiment plays a crucial role in assessing economic health, as many families feel they're in a recession due to rising costs and stagnant incomes, even if official measures indicate otherwise.

  • Access to credit is vital for businesses, impacting their ability to expand and hire, which can exacerbate economic struggles during downturns.

  • Long-term recovery relies on innovation and the efforts of American workers, highlighting the need for coordinated policies at both government and family levels to stimulate economic revitalization.

Recession watch: How to hedge now

Goldman Sachs Exchanges
Duration: 00:11:46
4/9/2025
  • Investors should consider including commodities in their portfolios as traditional diversification strategies, like bonds, are currently underperforming amidst uncertain economic conditions.
  • The discussion highlighted that while bonds are seen as "in a coma," they may regain attractiveness as yields increase, particularly if they approach three percent in nominal terms.
  • Concerns about inflation and potential recessions stress the importance of diversification across different asset classes and geographies, such as commodity-linked currencies and international markets, to mitigate risks.

Are credit investors nervous about recession risk?

Goldman Sachs Exchanges
Duration: 00:15:19
3/18/2025
  • Wall Street is currently on edge as a key recession indicator, the inverted yield curve, signals potential economic downturns, historically predicting recessions accurately since 1955, except for a few anomalies.
  • Investors are shifting away from short-term to long-term investments amid growing uncertainty in the economy, indicating concerns about immediate financial stability.
  • The podcast emphasizes that a recession is inevitable but unpredictable; thus, having a strategic investment plan is crucial to navigate economic fluctuations and capitalize on opportunities when they arise.