Top of Mind with Consilio Wealth

Episode 85 | Private Credit Headlines vs. Reality: CEO Insights, Default Data & Market Noise

Consilio Wealth Advisors — Mon, 27 Apr 2026 15:50:23 -0700

Welcome to Top of Mind with Consilio Wealth!

Chris Kaminski and Hao Dang continue the conversation on private credit, breaking down new data, CEO commentary, and what’s actually happening beneath the headlines. They unpack default rates, redemption trends, and the growing gap between strong and struggling managers, while challenging the narrative that the entire asset class is under stress. The episode also touches on market behavior, speculative AI trends, and emerging risks around data center expansion.

We discuss:
➡️ CEO perspectives from BlackRock and Franklin Templeton
➡️ Default rates, non-accruals, and what the data really shows
➡️ Fund flows, redemptions, and where capital is moving
➡️ Why manager selection matters more than ever
➡️ Media narratives vs. actual market conditions
➡️ The Allbirds AI pivot and speculative market behavior
➡️ Data center pushback and implications for AI growth

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Top of Mind with Consilio Wealth

Episode 85 | Private Credit Headlines vs. Reality: CEO Insights, Default Data & Market Noise

Episode 84 | Private Credit Pressures, What’s Working in 2026, SpaceX IPO & Big Tech Valuation Reset

Episode 83 | Private Credit Under Pressure: Redemption Risks, AI Disruption & Market Selloff

Episode 82 | AI Reshaping Jobs, Apple’s Gemini Partnership, and Global Market Tensions

Episode 81 | AI Disruption or Overhype? Big Tech Selloff, Small Cap Surge & The Tariff Reversal

Episode 80 | AI-Mageddon, Market Sell-Off, SaaS Slump, Gold, and Crypto Volatility

Episode 79 | A Wild and Wacky Start to 2026. Markets, Tariffs, and the Return of Volatility

Episode 78 | Reviewing 2025 market predictions and outlook for 2026

Episode 77 | The state of the economy through Chipotle earnings. AI efficiency in small cap and more

Episode 76 | Fermi IPO: A New Era in Market Valuations? Navigating the AI Bubble: Risks and Rewards

Episode 75 | Nvidia invests $5B in Intel, OpenAI makes $300B commitment to Oracle, TikTok buyers

Episode 74 | Jobs report keeps missing, travel data is slowing, alternatives in 401(k) plans

Episode 73 | One Big Beautiful Bill Act

Episode 72 | Stablecoin offerings from AMZN & WMT, Inflation down, Fed holds, Who's right?

Episode 71 | Double dip, DOGE progress, Reciprocal tariffs, is the housing market frozen?

Episode 70 | Nothing happened in the market...

Q2 2025 Market Commentary: Tariffs

Episode 69 | What's going on in markets right now. Liberation day and what we think is next

Episode 68 | Correction on uncertainty, consumer confidence hits a new low, maleficent 7

Episode 67 | Tariffs, The top 10% account for 50% of consumer spending, Trump trade unwound

Episode 66 | Trump's FTC, Federal worker reduction, International stocks beating US, RIP US penny

Episode 65 | Mag 7 earnings, DeepSeek, Tariffs, Eggs, Amazon Revenue exceeds Walmart

Episode 64 | Chris & Hao's Predictions for 2025 & Predictions from 2024

Episode 63 | Record low cash, Fed changes tune, Mag 7 still dominating, WA state min wage

Episode 62 | Tariffs, FTC and SEC leadership, crypto and M&A, SS tax cuts, financial literacy

Episode 61 | Trump trade, TCJA round 2, inflation and immigration, FTC and SEC leadership

Episode 60 | Longshoremen union, Tesla's robo taxi, Social Security tax 2025, Boeing lays off 10%, HYSA dropping fast

Episode 59 | AMZN back 5 days, META impresses, Inflation drops, Jobs blowout

Q4 2024 Market Commentary: Volatility Strikes Back

Episode 58 | Fed cuts .50%! Domino effects, MSFT inks deal with Constellation to power AI

Episode 57 | GLP-1 usage and impacted industries, taxing unrealized gains, thematic ETFs

Episode 56 | Companies say economy is fine, Chipotle CEO to SBUX, Fed, Jobs, Grocery price gouging

Episode 55 | Market selloff, unwinding the carry trade, Fed pause/blame, Sahm Rule goes viral

Episode 54 | 3 stocks drove 50% of S&P, small caps get 6 months in days, the top performing stock

Q3 2024 Market Commentary - The Market Expected At Least Three Rate Cuts by Now. What Happened?

Episode 53 | 50 year high for S&P concentration, Fed and rates, election result forecasts

Episode 52 | Consumers are running out of money, inflation was as expected, the Fed's plan

Episode 51 | Commercial real estate delinquencies, inflation trend, smooth markets, just don't sell

Episode 50 | How the VIX works, earnings scorecard: just say AI, utilities companies and AI

Episode 49 | How the Dow works, US population is moving south, S&P predictions vs actual

Episode 48 | Performance and politics, Fed confidence, earnings, celebrating a job report miss

Episode 47 | 10 best performing stocks? Not what you think. Gold? Not as shiny as you think

Q2 2024 Market Commentary - AI Winners Stand Out from the Losers

Episode 46 | Q1 recap, Disney's proxy fight, jobs report crushes, do anything but stay in cash

Episode 45 | NAR settles, say "AI" and your stock goes up, analysts predict 7% up from here

Episode 44 | Google's Gemini problem, Altman vs Musk, stocks are expensive

Episode 43 | Lyft earnings typo, NVDA and AI, England & Japan are in recession

Episode 42 | Layoffs spike in January 2024, all-time highs, Nvidia is bigger than Amazon

Episode 41 | Marcus special CD rate, Chris' 529 plan, Loud Budgeting

Episode 40 | Forecasting for 2023 vs what actually happened, 2023 performance vs 2022, era of subsidized online services erodes, and more

Q1 2024 Market Commentary | An Unexpectedly Great Year and Convincing Ourselves It Wasn’t

Episode 39 | 2023 predictions we got wrong (and right). 2024 predictions sure to be wrong :)

Episode 38 | Millennials need 525k income to be happy, holiday spending, consumer confidence calculation

Episode 37 | Prosperity study by Intuit, realtors found guilty, singles day

Episode 36 | Big tech earnings, retail theft, interest rate increase on Series I bonds

Episode 35 | China's real estate implosion, good luck buying CDs, autoworkers and EV jobs

Q4 Market Commentary | King Dollar and Its Royal Subjects

Episode 34 | Time to cash in your Series I bonds? Don't miss the boat on bonds right now

Episode 33 | US dollar strength, Fed holds rates but says one more, Government shutdown, UAW strike

32 | Tipping for everything, regional banks raise reserves, the Great Resignation is over

Episode 31 | Fed spooks markets, highest mortgage rates since 2000, Airbnb recession

Episode 30 | Fitch downgrades, big tech earnings, just 10% of people take Social Security at 70

Episode 29 | Financial media, the magnificent 7, markets shrug a Fed hike, and how prices are up like a rocket and down like a feather

Q3 2023 Market Commentary

Episode 28 | What General Mills earnings says about inflation. Americans feel great about the economy right now. High-yield might not be high-yielding forever.

Episode 27 | Mortgage rates, Zuck vs Elon, headlines say to invest, does market timing really matter?

Q2 2023 Market Commentary

Episode 26 | Tech's amazing run, how companies are recession proofing, inflation is easing, home builders are seeing strong foot traffic

Episode 25 | Debt ceiling lifted until 2025, the state of the economy for the typical American, strong jobs report along with an uptick in unemployment

Episode 24 | Debt ceiling, YTD performance you would have never predicted on January 1st, and what Target and Home Depot earnings tell us about the economy.

Episode 23 | Washington state capital gains tax, MSFT moves to unlimited vacation, big tech earnings blowout

Episode 22 | Investor satisfaction with their financial advisor (or lack thereof), Q1 market returns were led by 7 stocks, only 6 EVs qualify for the $7,500 Federal tax credit as of April 18th, and Apple launches a high-yield savings account

Episode 21 | SVB sells to First Citizens, Signature Bank sells to Flagstar, consumers think mortgages will top 8%, and consumer confidence nears all-time lows

Episode 20 | Contagion from SVB (and why that's bad), First Republic Bank, Credit Suisse sells to UBS, Fed Hikes 0.25% Say One More to Come

Episode 19 | What happened with SVB (Silicon Valley Bank), how are Consilio clients impacted, what happens next

Episode 18 | SVB (Silicon Valley Bank) Seized by FDIC, Silvergate Bank's troubles, Consumers Keep Spending, Powell's Comments

Episode 17 | It's Earning Season, Fed Raises by 0.25% + A No Landing Scenario? Hao Read the 13 Pages of Fed Minutes

Episode 16 | Fed Raises by 0.25%, Disinflation, M2 Money Supply is Shrinking, Inverted Yield Curve Means Recession, Right?

Episode 15 | Positive Returns in January, Return of Bidding Wars in Housing, International Stocks Performing Well