The Private Credit Reckoning is Coming: Executives Are Mistaking Luck For Genius | The Weekly Wrap
Published: April 2, 2026
Duration: 22:59
On this episode of The Weekly Wrap, Steve Eisman breaks down why private credit may be repeating the same mistakes Wall Street made before the Great Financial Crisis. He discusses how hidden risks and the lack of a credit cycle have created a concerning sense of confidence across the industry. He also discusses the latest with the Iran War and takes a couple of mailbag questions from viewers.
00:00 - Intro
02:03 - Iran War Updates
04:05 - More Bad News in Private Credit
07:46 - Psychology of Hedge Funds
10:22...