Greg Peters

In this discussion, Greg Peters, Co-CIO at PGIM Fixed Income, delves into the dynamics of Treasury markets and the implications of rising non-shelter inflation. Vito Sperduto, from RBC Capital Markets, shares insights on a surge in M&A activity, highlighting technology and healthcare sectors driving the deals. Terry Haines, of Pangaea Policy, addresses the ongoing government shutdown and its potential political fallout, predicting a resolution before Thanksgiving. Together, they explore crucial intersections of finance and policy that shape today's economy.

In this enlightening discussion, Greg Peters, Co-CIO of PGIM and credit market expert, shares insights from his extensive background at Morgan Stanley and the U.S. Treasury. He unpacks the shift from equities to credit, emphasizing the risks of reduced covenants in a changing market landscape. The conversation touches on scenario-based forecasting versus single point estimates and explores the ramifications of inflation and asset allocation strategies. Peters also offers a glimpse into the outlook for 2025, making it a must-listen for finance enthusiasts.

Greg Peters, co-CIO for public fixed income at PGIM, a bond-market and credit specialist. He discusses the $5.3 trillion AI data-center financing surge and why much of it may hit bond markets. Short construction loans vs long unsecured hyperscaler debt come up. He highlights winner-take-all risks in hyperscaler buildouts and his top near-term worry: economic overheating.

Greg Peters, Co-CIO at PGIM Fixed Income, shares his insights on the bond market, highlighting warning signs and implications of rising yields. Nela Richardson, Chief Economist at ADP, analyzes labor market dynamics, addressing stability amidst technological shifts and demographic changes. They also discuss the interplay between equity and bond markets, the impact of governmental policies, and investment strategies tailored to navigate current economic uncertainties. It's a captivating dive into financial trends that could shape the future.

Greg Peters, co-chief investment officer at PGIM Fixed Income, shares insights on the resilience of collateralized loan obligations (CLOs) in the face of rising credit risks. He classifies CLOs as 'bulletproof,' emphasizing their security during economic downturns. Discussion includes strategies for leveraging liability management and the challenges posed by growing default risks in the consumer and hospitality sectors. Peters highlights the importance of a long-term investment focus while navigating the complexities of current credit markets.