April 8, 2026

4.8.26 — Another Look at Private Credit

I have been asked:  Will “private credit” trigger a systemic financial crisis?   One reader went as far to ask if I believed the current slow-rolling […]
March 25, 2026

SHI 3.24.26 – Unknown Unknowns

Mark Twain famously said:   “It ain’t what you don’t know that gets you into trouble.  It’s what you know for sure that just ain’t so.” […]

About The Author

Terry Liebman

Terry Liebman is presently a Managing Partner of Liebman Group Advisors, LLC. For over 35 years Mr. Liebman has worked in debt and equity capital formation with a predominate focus in the area of investment real estate. As his business investments expanded beyond real property, so did his deep personal interest in finance and economics. Today Mr. Liebman remains both an active property and business investor, and avid student of the global financial markets, macroeconomics, behavioral economics and fascinating current-day events that catch his eye. Combining his math, physics and finance background, with his love for wine, art, and history, and the Steak House Index was born. This blog is the nexus of all these topics; of course, with a small dose of humor.