
The episode discusses concerns about private credit, potential prediction markets in IRAs, and compares gas rewards programs.
More regulators are concerned about private credit The bad news just keeps coming for the private credit industry. If you’re not sure what private credit is, it is mostly middle market business loans extended by asset managers. People often don’t realize that these asset managers don’t have the same strict supervision that banks have on their loans. Investors may be starting to realize the risk because in the first quarter of 2026, private credit investors requested $20 billion from some of the private credit funds. Unfortunately, they only got a little bit over 50% of what they requested or about $11 billion. This could lead to higher redemption… Could prediction markets be available in your IRA soon? Bitwise, Roundhill, and GraniteShares have filed applications with the SEC to launch exchange-traded funds tied to event contracts. If approved, these products could potentially be held in self-directed IRAs. The initial proposals appear relatively narrow in scope, focusing on outcomes like which party wins the White House in 2028 and which party controls the House and Senate after this year’s midterm elections. While these types of products can sound appealing—and successful bets…
Hosts: Brent Wilsey, Chase Wilsey
Organizations: Bitwise, Roundhill, GraniteShares, Costco, Shell
Places: White House
Explore listener stats, chart rankings, contacts and more on the Smart Investing with Brent & Chase Wilsey podcast page.