The Storm

The affordable housing crisis didn’t happen overnight and it’s not being driven by just one factor. What we’re seeing now is a convergence of forces.

In a typical cycle, you get a shock. Markets absorb it. Lenders adjust. Regulators respond. Everyone recalibrates, and we move on. That sequential pattern has held for decades. The systems I'm [...]

Credit models are built on historical precedent. Climate patterns are beginning to break that precedent. The result can lead to a systemic repricing.

Credit models are built on historical precedent. Climate patterns are beginning to break that precedent. The result can lead to a systemic repricing.

Insurance companies are often the first institutions forced to price reality — long before banks or bond markets fully adjust. That repricing is already reshaping property values, lending [...]

For more than a decade, cheap capital masked structural fragility across the financial system. As rates reset and liquidity tightens, those weaknesses are beginning to surface.

The Storm is about understanding how markets behave when the assumptions they were built on begin to shift and how investors, institutions, and policymakers can position themselves as those [...]

Private credit has grown into one of the largest forces in global capital markets. And yet, beneath the surface, a more important question remains: what exactly are investors lending against?

From conversations in recent travel to patterns emerging back home, I noticed the storm undercurrent. People are bracing. Families are recalibrating. Financial stress is no longer isolated, it’s [...]