This just dropped two hours ago but it's already one of the most talked about episodes we've done this year. Nick Nemeth stumbled upon the big connection that Wall Street hasn't even begun to address yet. As private credit inflows reverse, the forced selling of loans creates a repricing. How will the ultra-levered insurance companies - with trillions at risk - react?

You don't have to agree with his conclusions but you should at least understand his arguments. Tune in and tell me what you think!