It's fueling the A.I. bubble, it's coming to your retirement portfolio—and it's flashing a lot of warning signs right now.

In the wake of the 2008 financial crisis, private credit or “shadow banking” grew as an alternative to the regulations and shared risk that institutional banks operate within. What happens if a crisis hits the trillions of dollars that are outside of those guardrails? We may be about to find out. 

Guest: Tracy Alloway, co-host of Bloomberg's Odd Lots podcast.

https://slate.com/podcasts/what-next-tbd

It's fueling the A.I. bubble, it's coming to your retirement portfolio&mdash;and it's flashing a lot of warning signs right now. In the wake of the 2008 financial crisis, private credit or &ldquo;shadow banking&rdquo; grew as an alternative to the regulations and shared risk that institutional banks operate within. What happens if a crisis hits the trillions of dollars that are outside of those guardrails? We may be about to find out.&nbsp; Guest:&nbsp;<a href="https://www.bloombergmedia.com/talent/people/tracy-alloway/" data-destination="https://www.bloombergmedia.com/talent/people/tracy-alloway/">Tracy Alloway</a>, co-host of Bloomberg's Odd Lots podcast. https://slate.com/podcasts/what-next-tbd

Bloomberg's Joe Weisenthal and Tracy Alloway explore the most interesting topics in finance, markets and economics. Join the conversation every Monday and Thursday.

Bloomberg's Joe Weisenthal and Tracy Alloway explore the most interesting topics in finance, markets and economics. Join the conversation every Monday and Thursday.

Bloomberg's Joe Weisenthal and Tracy Alloway analyze the weird patterns, the complex issues and the newest market crazes. Join the conversation every Tuesday and Thursday for interviews with the most interesting minds in finance, economics and markets.

Odd Lots

On Bloomberg’s Odd Lots podcast Joe Weisenthal and Tracy Alloway explore the most interesting topics in finance, markets, and economics. Join the conversation every Monday, Thursday, and Friday.

On Bloomberg&rsquo;s Odd Lots podcast Joe Weisenthal and Tracy Alloway explore the most interesting topics in finance, markets, and economics. Join the conversation every Monday, Thursday, and Friday.

Presenting What Next TBD: Why Everyone is Freaking out About Private Credit

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/70a89907-473d-48a7-a753-b42b01691276/transcript