Wealth Advisor | The Voice of the Financial Advisor Community

Private Credit Could Spark Psychological Contagion, Barr Warns

(Bloomberg) - Federal Reserve Governor Michael Barr said stress in private credit could spark “psychological contagion” leading to a broader credit crunch, once again warning against loosening the reins on Wall Street at a time of rising risks.In an interview with Bloomberg News, Barr said that while direct links between banks and private credit do not yet appear “super worrisome,” there were other areas of concern such as the insurance sector’s overlaps with private lenders.

Featured

Bessent Says US Is ‘Suffocating’ Iran With Oil Industry Creaking

(Bloomberg) - Treasury Secretary Scott Bessent said the US is “suffocating” Iran with economic and financial pressure, suggesting that the rulers in Tehran will eventually buckle.

Indicators Point to Higher Market Upside After Strong Earning Reports

Strong earnings momentum—particularly across AI-linked sectors—continues to underpin equity market resilience and supports the case for further upside.

Kevin Warsh Says He Favors A More Dynamic Approach To Monetary Policy

Incoming Federal Reserve Chair Kevin Warsh signaled during his confirmation hearing that he favors a more dynamic and openly debated approach to monetary policy deliberations, suggesting that more rigorous internal disagreement can ultimat