The biggest lending risk in 2026 may not be where you think. Experian Chief Economist Joseph Mayans calls today’s environment a one trick pony economy. Growth is concentrated. White collar strength is carrying the load. And if that shifts, prime borrowers may be the segment to watch.

Recorded at CBA Live 2026, this episode covers: • The macro outlook into mid-2026
• AI concentration risk
• White collar labor exposure
• Why prime credit could be mispriced
• Small business formation in the AI economy
• Why two to three Fed rate cuts are likely
• Stablecoins and emerging deposit threats

If you are allocating credit or setting 2026 strategy, this conversation matters.

Leaders in Lending is hosted by the Upstart lending team and features conversations with banking and credit union leaders navigating the future of consumer lending.