The Essential

PGIM’s Greg Peters: AI’s Debt Boom Is Giving Credit Investors Rare Leverage.

Podcast: Peters says there is an “endless buffet” of real opportunities — and market quirks. Elon Musk “is talking about going to Mars. Data centers in space. Do you think he cares about the kind of rate he’s paying to do that?”

Light Street Stung by July Tech Rout, Still Tops Broader Market

But the Tiger Cub headed by Glen Kacher posted double-digit July losses as tech-focused hedge funds slumped, but both remain ahead of the S&P 500 and Nasdaq this year.

Sponsored

The Certainty of Uncertainty: Navigating the Shifting Private Landscape 

From the Archive: Data Sabotage Might Be the New Cyberattack

An asset manager’s doomsday scenario.

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