Senior Loan Officer Survey, Goldilocks Jobs, and Apollo's Defensive Posture

In this episode, Scott Slayton, Partner and Chief Strategist at Capital Creek Partners, breaks down three key market themes for the week. Scott delves into the April Fed Senior Loan Officer Survey, highlighting tighter standards on business and private credit lending that should weigh on growth later in 2026. He then assesses the April employment report, explaining why the 48,000 three-month average is the Goldilocks number to embrace amid an unusually broad-based set of industry gains. Lastly, Scott recounts Apollo's earnings, noting Marc Rowan's increasingly defensive posture even as markets hit new highs.