March 13th, 2026 | Private Credit Woes Continue! Prediction Markets Hitting College Campuses to Find Gamblers, Price of Oil, the IEA Agrees to Historic Oil Release, Gen Z Going Back to the Mall & More

About this episode

The episode discusses ongoing issues in the private credit market, the rise of prediction markets on college campuses, and insights on oil prices and consumer behavior among Gen Z.

Private credit woes continue! Investors continue to worry about the private credit market and this week has been filled with troubling news from the sector. According to the Financial Times, Glendon Capital Management said private credit funds run by Blue Owl (OWL) and several of its peers may have understated loss rates in their portfolios, suggesting actual losses could be higher than reported. This has led to concerns around the “true valuation” of these assets. This wouldn’t be surprising given the little clarity that we have for these loans. We also saw JPMorgan Chase take a conservative approach and mark down the value of some… Prediction markets are hitting college campuses to find gamblers Prediction markets have something FanDuel and DraftKings don’t, access to the 18 to 21-year-olds in college. Gambling is generally limited to adults 21 years or older, however, prediction markets that are run by companies like Polymarket and Kalshi are trades that are regulated as financial derivative contracts by the Commodity Future Trading Commission. This allows anyone 18 years or older to gamble using these prediction markets. Both Kalshi and Polymarket are hitting college campuses…

People in this episode

Hosts: Brent Wilsey, Chase Wilsey

Topics covered

• private credit market
• prediction markets
• gambling
• oil prices
• Gen Z shopping habits

Keywords

• private credit
• gambling
• prediction markets
• oil prices
• Gen Z
• college campuses
• financial derivatives

Mentioned in this episode

Organizations: Glendon Capital Management, Blue Owl, JPMorgan Chase, Polymarket, Kalshi

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