Week of 9 March 2026
Weekly markets 09 03 2026
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Is the US really as unequal as everyone fears? This week we challenge the widely-cited claim that the top 10% of earners now account for half of all US spending — and explain why the methodology behind it is more questionable than it looks. Then we go deep on one of the most important stories in finance right now: the $1.3 trillion private credit market. From the collapse of First Brands Group to Jamie Dimon's cockroach warning, we walk through the four fault lines — borrower power, opacity in valuations, bank entanglement, and the rush to fund AI data centres — that could define the next financial crisis.
