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Animal Spirits Podcast · 2026-07-20 · 33 min · 6,313 words

Talk Your Book: Private Credit’s Next Act

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Today's Animal Spears Talk Your Book is brought to you by Churchill from Nuveen. Go to Nuveen.com/slash alternatives to learn more about Churchill Asset Management. and their private credit capabilities and middle market lending. That's new bean.com slash alternatives. Welcome to Animal Spirits, a show about markets, life, and investing. Join Michael Batnick and Ben Carlson as they talk about what they're reading, writing, and watching. All opinions expressed by Michael and Ben are solely their own opinion and do not reflect the opinion of Red Hulk wealth management.

This podcast is for informational purposes only and should not be relied upon for any investment decisions. Clients of Rydholz Wealth Management may maintain positions in the securities discussed in this podcast. Welcome to Animal Spirits with Michael and Ben. Michael, I gave an analogy on the show today. I I just came up with it right off the top of my head on the spot. That's what we do in podcast land.

Private credit is a lot like the housing market. I think we pulled forward a lot of stuff. this decade in m many different ways. Right. But housing you had a decade's worth of returns in really really probably like eighteen months.

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