Bloomberg Businessweek Bloomberg Businessweek Weekend: March 6th, 2026
Mar 7, 2026
Alex Rodriguez, A-Rod Corp. chairman and sports investor, talks sports as an asset class, team valuations and media rights. Ed Price, former British trade official and NYU fellow, analyzes U.S. strikes on Iran, coalition dynamics and broader geopolitical signaling. Multiple lively conversations explore private capital in teams, strategic timing for strikes, and how global alliances shape outcomes.
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Private Credit Echoes Precrisis Leverage Patterns
- Private credit mirrors past leverage cycles where banks provide warehouse lines and then Wall Street packages risk into broader markets.
- Danny Moses warns liquidity withdrawal and tweaked credit lines can expose leverage just like mortgage lenders in 2004–2006.
AI Job Disruption As A Market Risk
- Employment and white-collar job losses from AI could trigger a market correction if consumer contributions to retirement and spending fall.
- Moses links AI-driven efficiency (e.g., Block's cuts) to potential unemployment that would reduce 401(k) inflows and economic momentum.
Choose PE Parents Over Direct Private Credit
- If you're a retail investor wanting private-credit exposure, buy the public parents like Blackstone, KKR, and Apollo instead.
- Danny Moses recommends parent PE firms because they offer permanent capital, fee income, and intraday liquidity unlike private credit funds.