Stifel's Kruszewski on Geopolitics, Markets and the Challenges in Private Credit Assets

n a wide-ranging interview, Ron Kruszewski, Chairman & CEO of Stifel Financial, reflects on markets pushing to all-time highs despite geopolitical tensions and rising energy prices.

While investors may be pricing in a long-term “peace dividend,” he cautions that underlying uncertainty remains a key risk.

Stifel speaks with Bloomberg's Romaine Bostick at the Bloomberg Global Markets and Banking Summit in New York on April 22, 2026. (Source: Bloomberg)