Moses Ventures founder Danny Moses, immortalized in The Big Short, joins Bloomberg Businessweek Daily to discuss the state of US markets as the Iran conflict introduces a new set of headwinds. Moses also weighs in on the state of private credit, saying that current concerns about private credit “rhyme with previous cycles” of market pessimism, particularly the run-up to the Great Financial Crisis of 2008. Moses adds that “it’s in the back of people’s minds…if private credit disappears, the Fed will have no choice but to bail it out, and they’re probably right.” Moses also discusses the potential impacts of AI on the financial and labor markets, the direction of the Federal Reserve’s monetary policy, betting markets, and more. Moses speaks with Bloomberg News securities reporter Alexandra Semenova along with Carol Massar and Tim Stenovec.