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Prof G Markets

Why America’s Credit Rating Dropped — ft. Scott Goodwin

Prof G Markets

Vox Media Podcast Network

Entrepreneurship, Investing, Business

4.6722 Ratings

🗓️ 22 May 2025

⏱️ 70 minutes

🧾️ Download transcript

Summary

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 the Prof G Markets newsletter  Order "The Algebra of Wealth" out now Subscribe to No Mercy / No Malice Follow the podcast across socials @profgpod: Instagram Threads X Reddit Follow Scott on Instagram Follow Ed on Instagram and X Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

Support for the share comes from public.com. If you're serious about investing, you need to know about

0:05.0

public.com. That's where you can invest in everything, stocks, options, bonds, and more. And even under 6% or higher yield that you can lock in with a bond account. Visit public.com slash prop G and get up to $10,000 when you transfer your old portfolio. That's public.com slash profi.

0:22.2

Paid for by public investing. All investing involves the risk of loss, including loss of

0:26.3

principal. Brokered services for U.S. listed registered securities, options, and bonds.

0:30.7

In a self-directed account are offered by Public Investing, Inc., member FINRA, and SIPC,

0:36.1

complete disclosures available at public.com slash disclosures.

0:39.8

I should also disclose I am an investor in public.

0:45.0

Hey there, this is Peter Kafka.

0:47.1

I'm the host of channels, the show about what happens when tech and media collide.

0:51.6

And this week, we're talking to Adam Mouseri, who runs Instagram, and who also runs Threads.

0:57.2

And he told me what Threads was originally going to be called.

1:00.0

I called it Textagram as a joke,

1:02.7

which unfortunately stuck as a name for months before I managed to kill it.

1:06.9

Textagram, great name.

1:08.3

Yeah, when you're making me regret telling you this.

1:11.1

That's this week on channels, wherever you listen to your favorite podcast.

1:19.3

What's up, y'all?

1:20.1

It's Kitty Beach, and we are currently watching the best playoff basketball since I can't even remember when.

1:25.6

This is what we've been waiting for all season long.

1:28.7

And on my show, Smallball, I'll be breaking down the series matchups, major performances, in-game coaching decisions, and game strategy, and so much more for the most exciting time of the NBA calendar.

1:39.4

New episodes through the playoffs available on YouTube and wherever you get your podcast.

1:43.1

Subscribe to Smallball with Kenny Beach them so you don't miss a thing.

...

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