Cockroaches in the Market: The Private Credit Problem

Chris Markowski dismantles the great immigration lie and explains how divide-and-conquer politics—especially at the state level—distort economic truth. From why trade sanity matters more than slogans to how bankruptcies can actually strengthen an economy, this hour connects economic fundamentals to political theater. Chris also takes aim at the cultural circus surrounding Donald Trump, Elizabeth Warren, and the nonstop distractions pulling attention away from real financial issues—plus a few classic Markowski rants you didn’t see coming. immigration economics, trade policy, bankruptcies, political economy, economic growth, market cycles

Is capitalism really broken—or just misunderstood? Chris Markowski breaks down what capitalism done right actually looks like, using real-world lessons from successful business leaders who reject Wall Street short-termism. From growing fears about the death of the dollar to why the Greater Fool Theory is alive and well in today’s markets, Chris explains how Wall Street keeps winning while everyday investors get played. If you care about free markets, sound economics, and protecting your wealth, this hour is required listening.capitalism, Wall Street, dollar collapse, investing risk, free markets, inflation, economic reality

Is modern financial planning ignoring reality in the name of “longevity”? Chris takes on the growing obsession with never-ending retirement projections while Washington embraces runaway spending and pork-barrel politics. From Republican capitulation to the rise of what Chris calls “Boomer Communism,” this hour digs into why charity has become an industry, political parties are losing relevance, and why blind fact-checking misses the bigger economic picture. Brutally honest, unapologetic, and necessary.financial planning, government spending, pork barrel politics, retirement planning, political parties, entitlement economy

LISTEN and SUBSCRIBE on:Apple Podcasts: https://podcasts.apple.com/us/podcast/watchdog-on-wall-street-with-chris-markowski/id570687608 Spotify: https://open.spotify.com/show/2PtgPvJvqc2gkpGIkNMR5i WATCH and SUBSCRIBE on:https://www.youtube.com/@WatchdogOnWallstreet/featured  You don’t always see them—but when you do, you know there are more hiding. That’s the problem with private credit and private equity right now. A sudden 20% write-down from a major BlackRock fund raises serious questions about valuations, transparency, and who’s really bearing the risk.Not every deal is bad—but too many are being sold to everyday investors without honest disclosure. When portfolios are marked down overnight, it’s a warning sign. Know who you’re doing business with, ask hard questions, and be careful out there.

LISTEN and SUBSCRIBE on:Apple Podcasts: https://podcasts.apple.com/us/podcast/watchdog-on-wall-street-with-chris-markowski/id570687608 Spotify: https://open.spotify.com/show/2PtgPvJvqc2gkpGIkNMR5i WATCH and SUBSCRIBE on:https://www.youtube.com/@WatchdogOnWallstreet/featured  Do other financial advisors hate us? Some do—and for one simple reason: we pull back the curtain. We expose the tricks, the bad products, and the broken incentives baked into the industry.Good advisors respect it. Some even leave the big firms and join us. Others are stuck in contracts, chasing signing bonuses, and selling whatever their firm tells them to sell. We show people how the system really works—and that makes the wrong people very uncomfortable.

LISTEN and SUBSCRIBE on:Apple Podcasts: https://podcasts.apple.com/us/podcast/watchdog-on-wall-street-with-chris-markowski/id570687608 Spotify: https://open.spotify.com/show/2PtgPvJvqc2gkpGIkNMR5i WATCH and SUBSCRIBE on:https://www.youtube.com/@WatchdogOnWallstreet/featured  SNAP enrollment just dropped by 1.75 million, thanks to stricter work rules, fraud audits, and removing ineligible recipients. That’s real progress—even with 42 million still on food assistance.But on the flip side, the administration is calling $12 billion in payments to farmers a “bridge,” not a bailout. Call it what it is: taxpayer-funded relief with no payback. From broken farm economics to bloated regulations and the case for more local food systems, here’s why welfare reform is moving forward—while farm policy remains stuck in the past.

LISTEN and SUBSCRIBE on:Apple Podcasts: https://podcasts.apple.com/us/podcast/watchdog-on-wall-street-with-chris-markowski/id570687608 Spotify: https://open.spotify.com/show/2PtgPvJvqc2gkpGIkNMR5i WATCH and SUBSCRIBE on:https://www.youtube.com/@WatchdogOnWallstreet/featured  Producer prices came in hotter than expected—PPI up 0.5% month over month and 3% year over year, driven by rising service costs. Inflation has cooled, but it’s far from beaten, despite the political spin.With the Fed holding rates, Jay Powell nearing the exit, and Kevin Warsh waiting in the wings, the next moves on inflation and monetary policy matter more than ever. Tariffs, shortages, and inflation aren’t the same thing—and only one is truly in the Fed’s control.

LISTEN and SUBSCRIBE on:Apple Podcasts: https://podcasts.apple.com/us/podcast/watchdog-on-wall-street-with-chris-markowski/id570687608 Spotify: https://open.spotify.com/show/2PtgPvJvqc2gkpGIkNMR5i WATCH and SUBSCRIBE on:https://www.youtube.com/@WatchdogOnWallstreet/featured  A new Fed chair is on deck—and this one isn’t cut from the usual academic cloth. Kevin Warsh has worked in the private sector, walked away from the Fed in protest, and openly blasted quantitative easing long before it was fashionable. He’s taken aim at Bernanke, Powell, and the myth of “transitory” inflation, arguing the Fed’s job isn’t to prop up markets or inflate asset prices.So what does a Warsh-led Federal Reserve actually mean? A return to discipline—or another pick that looks great on paper but fails on the field? From inflation, money printing, and politicization at the Fed to why owning assets matters when cash is a losing game, this is a deep dive into why this nomination matters—and why it could finally shake up a broken system.

Chris Markowski dismantles the great immigration lie and explains how divide-and-conquer politics—especially at the state level—distort economic truth. From why trade sanity matters more than slogans to how bankruptcies can actually strengthen an economy, this hour connects economic fundamentals to political theater. Chris also takes aim at the cultural circus surrounding Donald Trump, Elizabeth Warren, and the nonstop distractions pulling attention away from real financial issues—plus a few classic Markowski rants you didn’t see coming.immigration economics, trade policy, bankruptcies, political economy, economic growth, market cycles

LISTEN and SUBSCRIBE on:Apple Podcasts: https://podcasts.apple.com/us/podcast/watchdog-on-wall-street-with-chris-markowski/id570687608 Spotify: https://open.spotify.com/show/2PtgPvJvqc2gkpGIkNMR5i WATCH and SUBSCRIBE on:https://www.youtube.com/@WatchdogOnWallstreet/featured  Big investment firms are suddenly realizing that people are living longer, healthier lives—and treating it like a breakthrough. A new Morgan Stanley paper frames increased longevity as a transformational economic force, arguing that 21st-century finance will shift from accumulation to decades-long retirement drawdowns. But this isn’t new information, and the proposed solutions miss the point. Designing income models around 40-year retirement periods ignores how real people live, work, adapt, and evolve over time. Life doesn’t unfold in neat phases, and treating retirement as a prolonged financial drought forces unrealistic saving, delayed living, and joyless tradeoffs. Longevity demands a whole-life approach, not marketing-driven theories and rigid planning models. It’s financial preparation—not financial planning—that actually works.