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For 50 plus years, investors have turned to McAlvany for steady guidance, not market noise.


David looks at why private credit may be setting the stage for the next major financial break. They walk through the growing risks in insurance portfolios, private equity, and commercial banking, and why more of that exposure may be finding its way toward everyday investors. The episode also covers recession pressure, energy shocks, interest rates, […]
[CNBC] S&P 500 ticks higher as benchmark approaches all-time high: Live updates
[Yahoo/Bloomberg] Oil Steadies After Slumping on Moves to Restart US-Iran Talks
[AP] Live updates: Trump claims China has agreed not to provide weapons to Iran
[Yahoo/Bloomberg] US, Iran Seek Further Talks as Hormuz Standoff Intensifies
[Yahoo/Bloomberg] Trump Risks Showdown With Xi Before Summit Over Hormuz Blockade
[Yahoo/Bloomberg] Trump Isolation Deepens on World Stage as Allies Rebuff, Condemn
[Reuters] Iran used Chinese spy satellite to target US bases, FT reports
[Bloomberg] Hedge Fund Leverage Powered by a Few Key Banks Sparks Concerns
[Bloomberg] Gas Spending Jumped 16% for BofA Customers Amid the War in Iran
[Bloomberg] Trump Threatens to Fire Powell If He Doesn’t Exit Fed
[Bloomberg] US Prosecutors Made Unannounced Visit to Federal Reserve in DC
[Bloomberg] AI-Exposed Lenders Show Early Credit Warning Signs, Moody’s Says
[Bloomberg] Silver Market Poised for Sixth Straight Annual Deficit This Year
[Bloomberg] China’s Xi Meets Russia’s Foreign Minister Lavrov in Beijing
[Bloomberg] Risky Bond Sales Sweep Europe at Fastest Pace Since War Shock
[Bloomberg] BOK Governor Nominee Warns of Inflation, Flags Excess Won Moves
[Bloomberg] South Korea Import Prices Post Biggest Jump Since 1998 on Iran War
[Bloomberg] Traders Boost Taiwan Stock Leverage to Highest in 25 Years
[NYT] Trump Threatens to Fire Powell if He Does Not Resign From Fed
[NYT] Prosecutors Make Surprise Visit to Fed as Pirro Defends Investigation
[WSJ] IMF Sees Global Government Debt Matching Annual Output in 2029, a Year Earlier Than Expected
[WSJ] Around 14% of Enrollees in ACA Plans Failed to Make Payments, Data Shows
[WSJ] Iran Ports Are Quiet As Strait Blockade Holds Up
[WSJ] Iran’s Regime has Changed—for the Worse
[WSJ] The Bezos Vs. Musk Space Race Is Heating Up
[WSJ] New York Governor Proposing Tax on Second Homes Worth $5 Million or More
[FT] Banks’ soaring exposure to trading firms creating ‘inherent fragility’, warns S&P
[FT] ‘Bifs’ replace ‘Piigs’ as Europe’s bond market whipping boys
[FT] Iran faces halt to oil production within weeks if US blockade succeeds
[FT] Iran used Chinese spy satellite to target US bases
[FT] Silver market seen as ripe for another price squeeze
[CNBC] Stock futures are little changed as S&P 500 approaches its all-time high: Live updates
[Yahoo/Bloomberg] Gold Rises as Traders Weigh Renewed Push for US-Iran Talks
[Yahoo/Bloomberg] US, Iran Seek More Ceasefire Talks as Blockade Stops Ships
[Yahoo/Reuters] Treasury chief says US growth may exceed 3% or 3.5% this year despite Iran war
[MSN/WP] Who's in charge at the Fed after May 15th? A new fight may be brewing
[Politico] Trump Is Facing an Increasingly Defiant World
[Politico] Trump turns against ‘unacceptable’ Meloni
[Bloomberg] Bessent Says Trump’s Tariff Rates Could Be Restored by July
[Bloomberg] Hormuz Closure Sets Clock Ticking for Asia’s Rice Farmers
[NYT] Bessent Questions the Cause of Climate Change and Its Economic Toll
[NYT] Xi Offers Veiled Critique of U.S. in Rare Comments on War in Iran
[WSJ] Europe Works on Postwar Hormuz Shipping Plan—Sans U.S.
[WSJ] Europe Is Accelerating a NATO Fallback Plan in Case Trump Pulls Out
[WSJ] Fed Nominee Kevin Warsh Details More Than $100 Million in Financial Holdings
[FT] Strait of Hormuz tankers stop or turn around amid US blockade

David looks at why private credit may be setting the stage for the next major financial break. They walk through the growing risks in insurance portfolios, private equity, and commercial banking, and why more of that exposure may be finding its way toward everyday investors. The episode also covers recession pressure, energy shocks, interest rates, […]
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