Finance Leaders on Systemic Risks in Private Credit
Original Report
Oaktree Managing Director & Deputy Chief Investment Officer Milwood Hobbs, Moody’s Ratings Global Head of Private Credit, Marc Pinto and Voya Financial President of Retirement, Amy Vaillancourt...
Oaktree Managing Director & Deputy Chief Investment Officer Milwood Hobbs, Moody’s Ratings Global Head of Private Credit, Marc Pinto and Voya Financial President of Retirement, Amy Vaillancourt assess liquidity mismatches, underwriting standards and systemic risk across private credit markets with Bloomberg’s Davide Scigliuzzo at Bloomberg Invest 2026 in New York. (Source: Bloomberg)
Glass House Analysis
This development in the banking sector reflects broader tensions between regulatory pressure and financial industry practices. The banking system serves as the circulatory system of the economy; any disruption ripples through to small businesses, homebuyers, and everyday consumers who depend on credit access.
International economic policy has concrete impacts far beyond diplomatic circles. Tariffs show up in the price of goods at stores, supply chain disruptions affect whether products are on shelves, and trade tensions can mean job losses in export-dependent industries. The globalized economy means that decisions made abroad can affect workers and consumers domestically.
The implications extend beyond the immediate news cycle. Every economic development creates ripples that affect employment, prices, and opportunities in ways that may not be immediately visible but are deeply felt. By tracking these connections, we can better understand how the economy truly works—not as an abstract machine, but as a human system shaped by and shaping the lives of millions.
Enjoyed this analysis?
Get the Glass House Briefing every morning—market news that actually makes sense, delivered free to your inbox.
No spam. Unsubscribe anytime.
More Stories
MacCarley: Difficult to Maintain Operational Tempo of Iran War
US President Donald Trump expressed confidence in the US military campaign against Iran even as the duration of military operations remains uncertain. But former Secretary of State Antony Blinken...
SoftBank Group CDS Rises to Near Year-High on S&P Outlook Cut
SoftBank Group Corp.’s credit default swaps widened to an 11-month high and remained the widest among Japanese corporates as its heavy investment in artificial intelligence weighs on its credit...
Al-Mohanadi: Iran War Effects Critical for Energy Markets
At least 3 LNG tankers diverted towards Asia on their way to Europe as Middle East turmoil spurred competition for the fuel, while freight rates set fresh records and added to market volatility....
Why China’s Growth This Year Target Is Lowest Since 1991
The Chinese government is prioritizing stability this year amid geopolitical shocks that threaten the global economy, former PBOC adviser and Tsinghua University Director David Li Daokui told...