Mark J. Higgins: Are Speculative Supply Chains Fueling Private Credit?
For wealth professionals allocating to private markets, the episode frames private credit and private equity risk through incentives and the visibility of risk as markets mature. It offers a historical lens on how speculative structures can develop before risks become apparent.
Summary
By the private credit deskMark J. Higgins argues that financial bubbles may be driven less by irrational investors than by rational participants whose incentives align around keeping capital flowing. The podcast explores how speculative supply chains form, why risk becomes harder to see as they mature, and how the pattern that helped fuel the Global Financial Crisis may now be emerging in private equity and private credit.
- Higgins argues speculation may be driven less by irrational investors than by rational participants whose incentives align around keeping capital flowing.
- The episode explores how speculative supply chains form and why risk becomes harder to see as they mature.
- It discusses how the pattern that helped fuel the Global Financial Crisis may now be emerging in private equity and private credit.
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