Video Description

This week on Prof G Markets, Scott and Ed discuss Moody’s decision to downgrade U.S. debt, why universities are offloading private equity stakes at a discount, and Trump’s comments about Walmart raising prices. Then Scott Goodwin, Co-Founder and Managing Partner of Diameter Capital Partners, joins the show to break down what investors need to watch in today’s credit markets. He explains why high-grade corporate bonds may now be a safer bet than Treasuries, how to get started investing in credit, and shares his thesis behind buying Twitter’s debt. Subscribe to our Markets Newsletter! www.profgmarkets.com/subscribe Order Algebra of Wealth now! https://www.amazon.com/Algebra-Wealth-Formula-Financial-Security/dp/0593714024 Timestamps: 00:00 - Today's number 00:22 - Today's episode 03:10 - Headlines 04:02 - Moody’s Downgrades U.S. Credit Rating 09:18 - Ivy League Endowments 16:46 - Walmart Stocks 25:08 - Ad break 26:18 - Why America’s Credit Rating Dropped — ft. Scott Goodwin 26:37 - Do you think this credit rating downgrade from Moody’s is important and what does this mean for the markets? 28:17 - Is the downgrading important from a fiscal perspective? 29:18 - Do you think the volatility amongst sovereign debt has not yet been reflected in the borrowing cost of corporations? 30:46 - Are you not worried about the state of the credit market if this tax bill goes through? 34:16 - Has there been a meaningful change in asset allocation across institutions and individuals? 36:38 - How is debt on these companies is safer from a balance sheet perspective than the treasury market? 39:30 - Can you define convexity? 41:11 - What are the trends, in terms of capital flows, in and out of the U.S. credit markets? 42:50 - Where are you seeing convexity or dislocation? 45:55 - Ad Break 47:10 - What was your investment thesis for buying Twitter’s debt and how has that investment played out? 51:10 - What are the characteristics of a great credit investor and does it differ from being a great stock investor? 54:14 - What are the signs of forced sales? 58:04 - If you want to start investing in credit, where can you start? 58:59 - When is the U.S. men’s team going to get any good? 59:24 - What’s happening with the men’s team? 01:02:36 - Credits Subscribe to Prof G Markets on Spotify https://open.spotify.com/show/7syF2ry9j6nqYc656WHBA7?si=78a5eaf1793b466e Follow us on Apple Podcasts https://podcasts.apple.com/us/podcast/prof-g-markets/id1744631325 Want more Prof G? Check out everything we're up to at https://profgmedia.com/ #business #news #tech #financemotivation #stockmarket #profg #scottgalloway #profgmarkets #ai #earnings #stocks #inflation #investmentstrategies #investment #investing #gdp #podcast #moody #creditrating #ivyleague #endowment #walmart #debt #treasurymarket #twiter #creditinvestor #ussoccer #usteam