Macro Pods
MAR 20, 2026Vox Media Podcast Network
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Recession risks are creeping up - Yardeni recently raised his recession probability to 35%, suggesting that markets might be too complacent about underlying economic shifts.
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Private credit remains a hidden vulnerability - The explosion in private lending may pose systemic risks that haven't been fully tested by a high-rate environment.
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Bond markets are signaling structural change - Current fluctuations in the bond market reflect a fundamental rethinking of America's long-term fiscal health and interest rate trajectory.