Soundings

Private Credit

Drawing from the nautical practice of measuring depth, Soundings explores the underlying forces, risks, and opportunities beneath the market's surface..

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Not Yet

June 2026

Private credit gating raises a familiar question: are we out of the woods, or just getting started?

Las Cucarachas

February 2026

Jamie Dimon's "cockroach" comment reignites debate over hidden risk in private credit.

Uncorrelated

January 2026

Gold's best month in 40 years ends in a sharp reversal. What investors do next depends on why they bought it.