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The 5 biggest threats to the economy right now (no, it’s not private credit)

Published June 24, 2026Matt Henry
MH

Matt Henry

Chief Executive Officer

Matt Henry is Chief Executive Officer of Chatham Financial. He leads the firm’s global platform at the intersection of capital markets expertise and technology, helping clients navigate complex financial decisions with greater clarity and precision.

Summary

Chief economist and former Treasury advisor Joe Lavorgna says that while “fear sells,” there are five legitimate reasons to worry about the economy right now. Joe also shares learnings from the Trump administration, explains the rise of democratic socialism, and dishes on everything from AI to the Fed and the national deficit. He speaks with Chatham Financial CEO Matt Henry on this episode of “Edge in Uncertainty.”

  • Joe Lavorgna’s outlook on the U.S. economy, including why he remains optimistic despite growing concerns about deficits, inflation, and geopolitical uncertainty.

  • What investors and business leaders should understand about the Fed, Treasury, tariffs, China, and other forces shaping the global economic landscape.

  • The five biggest threats to the economy right now, why Joe believes private credit fears may be overblown, and where he sees interest rates heading next.

  • How AI, populism, and shifting political dynamics are reshaping markets, institutions, and economic policy.

  • The intersection of economics, politics, and markets, including how leadership decisions can shape growth, investor sentiment, and long-term prosperity.

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