Dave Albrecht

Dave Albrecht, President and CIO of Newfleet Asset Management, dives into the risks of the AI debt frenzy. He warns that heavy borrowing by investment-grade firms for AI projects could lead to significant fallout. Albrecht highlights the precarious position of Oracle's debt while advocating for asset-backed securities as a hedge. The discussion covers tactical moves across fixed income, the implications of private credit's growth, and the importance of direct company evaluations. He stresses the need for diversification amid evolving market dynamics.