# Delinquencies Warning, Utilities Unicorns, and K-Shapes

Page: https://stenobird.com/podcast/van-hesser-s-3-things-in-credit-a-kbra-podcast-4507838/delinquencies-warning-utilities-unicorns-and-k-shapes
Text version: https://stenobird.com/podcast/van-hesser-s-3-things-in-credit-a-kbra-podcast-4507838/delinquencies-warning-utilities-unicorns-and-k-shapes.md
Podcast: [Van Hesser's 3 Things in Credit - A KBRA Podcast](https://stenobird.com/podcast/van-hesser-s-3-things-in-credit-a-kbra-podcast-4507838)
Published: 2026-02-20T16:59:38+00:00
Episode link: https://podcasters.spotify.com/pod/show/kbra981/episodes/Delinquencies-Warning--Utilities-Unicorns--and-K-Shapes-e3fcao8
Audio file: https://anchor.fm/s/109cbc12c/podcast/play/115796168/https%3A%2F%2Fd3ctxlq1ktw2nl.cloudfront.net%2Fstaging%2F2026-1-20%2F9e0462e2-59d7-0a22-6868-3fe5a253e15c.mp3
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JSON: https://stenobird.com/v1/public/podcasts/van-hesser-s-3-things-in-credit-a-kbra-podcast-4507838/episodes/delinquencies-warning-utilities-unicorns-and-k-shapes
Duration seconds: 536

## Resource

This week, our 3 Things are: 1. Delinquencies warning. Is that really a thing??? 2. Utilities unicorns. Can a sector be both defensive and growth? 3. K-Shapes. They’re present in places beyond the consumer.

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## Transcript

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