# Private Credit “Doom” Narrative On Shaky Foundation? | Michael Haynes On Why Retail Outflows Are Real But Credit Foundations Are Solid Page: https://stenobird.com/podcast/monetary-matters-with-jack-farley-7021905/private-credit-doom-narrative-on-shaky-foundation-michael-haynes-on-why-retail-outflows-are-real-but-credit-foundations-are-solid Text version: https://stenobird.com/podcast/monetary-matters-with-jack-farley-7021905/private-credit-doom-narrative-on-shaky-foundation-michael-haynes-on-why-retail-outflows-are-real-but-credit-foundations-are-solid.md Podcast: [Monetary Matters with Jack Farley](https://stenobird.com/podcast/monetary-matters-with-jack-farley-7021905) Published: 2026-04-08T13:10:00+00:00 Episode link: https://traffic.megaphone.fm/EWWMN9672742629.mp3 Audio file: https://traffic.megaphone.fm/EWWMN9672742629.mp3 Processing state: not_requested JSON: https://stenobird.com/v1/public/podcasts/monetary-matters-with-jack-farley-7021905/episodes/private-credit-doom-narrative-on-shaky-foundation-michael-haynes-on-why-retail-outflows-are-real-but-credit-foundations-are-solid Duration seconds: 4085 ## Resource This episode is brought to you by CAIA.nxt. Learn more about their alternatives education courses for investment advisors and get 10% off with code MMTEN: https://caia.org/content/welcome-monetary-matters-and-other-peoples-money-listeners Michael Haynes, Head of Private Credit at Beach Point Capital Management, joins Jack for a discussion of private credit. Michael explains the nuances of the asset class and why he sees panic around it as overblown. Recorded on April 2nd, 2026. Follow Jack Farley on Twitter https://x.com/jackfarley96 Follow Michael Haynes on LinkedIn https://www.linkedin.com/in/michael-haynes-9550b295/ Follow Monetary Matters on: Apple Podcasts https://rb.gy/s5qfyh Spotify https://rb.gy/x56dx5 YouTube https://rb.gy/dpwxez ## Actions - request_transcript: `POST https://stenobird.com/v1/public/podcasts/monetary-matters-with-jack-farley-7021905/episodes/private-credit-doom-narrative-on-shaky-foundation-michael-haynes-on-why-retail-outflows-are-real-but-credit-foundations-are-solid/transcription-requests` — Idempotently request low-priority transcript generation for this episode. - read_markdown: `GET https://stenobird.com/podcast/monetary-matters-with-jack-farley-7021905/private-credit-doom-narrative-on-shaky-foundation-michael-haynes-on-why-retail-outflows-are-real-but-credit-foundations-are-solid.md` — Read the agent-friendly Markdown representation of this episode resource. A page view does not enqueue transcription. Agents should invoke `request_transcript` explicitly when they need this episode processed. ## Transcript Full transcripts are not published on public pages unless there is a clear rights basis.