The "Private Credit" Crack
InvestTalk
Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors
4.4 • 1.5K Ratings
🗓️ 22 January 2026
⏱️ 45 minutes
🧾️ Download transcript
Summary
As interest rates stay high, defaults are starting to appear in the opaque world of "Private Credit." We will discuss the risks hiding in non-traded funds and business development companies (BDCs).
Today's Stocks & Topics: IRADIMED CORPORATION (IRMD), Market Wrap, A-I Data Centers, Netflix, Inc. (NFLX), “The "Private Credit" Crack”, Costco Wholesale Corporation (COST), 7% Sell Rule, Small and Mid-Caps, Oracle Corporation (ORCL), Microsoft Corporation (MSFT), Alphabet Inc. (GOOG), CEOs and A-I.
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Transcript
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| 0:00.0 | On radio, on YouTube, streaming live on invest talk.com, and for our podcast subscribers, this is InvestTalk. Incependent thinking, shared success. |
| 0:17.7 | InvestTalk is made possible by KPP Financial, a registered investment advisor firm, serving clients throughout the United States. |
| 0:27.2 | Here is KPP Financial Chief Executive Officer, Financial Advisor, Justin Klein. |
| 0:34.9 | Good afternoon, fellow investors, and welcome back to Invest Talk. |
| 0:39.8 | This is our Wednesday, January 21st, 2025 edition of InvestTalk. |
| 0:45.5 | And this is another day with a lot of headlines. |
| 0:49.1 | We have Davos in the air. |
| 0:51.3 | Trump's speech looks like he tacoed on Greenland, at least for now. And a lot of |
| 0:57.8 | market generations intraday. The market rallied, then it sold off, rallied again, |
| 1:02.4 | then sold off kind of near the end of the day. So it was quite the interesting day per usual for |
| 1:07.8 | 26. And, you know, the big question for you is what's on your mind? What do you |
| 1:12.3 | think of what's going to happen? Do you think this is going to break NATO? Is it going to |
| 1:18.1 | have ramifications on markets? Are European investors going to dump U.S. assets? |
| 1:23.9 | How does this impact harder assets like gold and silver? These are all things that we're going to discuss. |
| 1:29.0 | And most importantly, it will be your question. |
| 1:31.2 | So whatever's on your mind, we are here to answer those questions. |
| 1:35.4 | 8 to 899 chart is the number to get through. |
| 1:38.3 | I'm host of InvestTalk, Justin Klein, and this hour is dedicated to you. |
| 1:42.8 | So whatever is on your mind, we will bring you data, |
| 1:46.7 | perspective, so that you can become a better investor, a more informed investor about really what's |
| 1:52.1 | happening in the world, how it's impacting markets, your portfolios, and ultimately your investment |
| 1:57.3 | strategy. So that's what this hour is dedicated to. But with that mind, |
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