The Julia La Roche Show · Saturday, September 19, 2026
Chris Whalen notes that the current interest rate environment is causing significant stress in the private equity and private credit markets. He observes that while some investors are still actively buying, many companies within these sectors are finding it difficult to raise capital.
“And it is causing huge stress in private equity and private credit, by the way.”
“However, you know, there is also an issue if you can't go out and raise money.”
“There are a lot of sectors right now in the non-bank space, private equity portfolio companies, mortgage companies, who are having a hard time raising money.”