Independent thinking for complex markets and current events
If BlackRock is taking hits now, who is next in private credit? Friday evening news drop Troubled Loans Hammer BlackRock’s Private Credit Fund “A BlackRock Inc. private debt fund expects to mark down the net value of its assets 19% after a string of troubled loans weighed on results, marking the latest sign of pressure …
You might think everybody hates Scott during segments featuring CNN senior political commentator Scott Jennings where despite what are supposed to be balanced panels, he regularly seems to be the only Trump supporter in the room. No doubt, it is not easy being Scott Jennings at CNN and overcoming that is part of how he …
Florida’s housing market didn’t cool. It cracked. Pandemic money, remote-work fantasies, and short-term rentals pretending to be long-term investments pushed prices to unsustainable heights. Now the air is rushing out. Cape Coral homes lost nineteen percent of their value. Fort Myers dropped thirteen percent. Sarasota, Naples, Miami, all sliding. These aren’t small corrections. They are …