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Blue Owl Anxiety Rattles $1.8 Trillion Private Credit Market

Worry in the private credit market continued Monday after Blue Owl last week permanently closed one of its tech-focused funds  preventing investors from withdrawing their cash every three months as they'd previously been allowed. The firm began selling assets to return investor capital. It's the latest sign of tumult in a $1.8 trillion market stricken with worry about overspending on artificial intelligence, the technology's disruptive power and lending standards more broadly. And it's evoking comparisons to the run-up to the 2008 financial crisis. Bloomberg News Senior Editor for Credit James Crombie joins Bloomberg Businessweek Daily to discuss. He speaks with Carol Massar and Emily Graffeo.

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Bloomberg

The Clean Energy Takeover Is Already Happening, Gore Says

Former US Vice President Al Gore says the energy transition is accelerating faster than many realize. Gore argues that solar and wind are now the cheapest sources of electricity, accounting for 93% of new global power generation last year. He also points to rapid growth in electric vehicle adoption worldwide. He appears on this week's episode of The David Rubenstein Show: Peer to Peer Conversations. This interview was recorded on January 20 at the World Economic Forum in Davos.

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Bloomberg

Extreme Weather Is Becoming More Normal, Gore Says

Former Vice President Al Gore warns that the world may be approaching dangerous climate "tipping points," including the potential shutdown of major ocean currents. Gore points to intensifying extreme weather, expanding unlivable heat zones, and the possibility of up to two billion climate migrants by 2050. He appears on this week's episode of The David Rubenstein Show: Peer to Peer Conversations. This interview was recorded on January 20 at the World Economic Forum in Davos.

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Bloomberg

Nassim Taleb Warns About Software Bankruptcies, Volatility

Nassim Taleb, author of "The Black Swan" and distinguished scientist at Universa Investments, warns that markets are underpricing structural risks while overestimating the durability of recent AI leaders. Speaking with Bloomberg's Natalia Kniazhevich, Taleb also weighs in on US tariff policy and the market impact of increasing tensions between Iran and the US.

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