Independent thinking for complex markets and current events
First, we have our “subprime is contained” moment from the Fed. Second, the run on Blue Owl is “unprecedented.” Third, and more important than either of those, it’s **who** is doing the running. In its disclosure, the sad owl let slip the truth underneath more ridiculous spin. When investors demand 20% to 40% out of …
Wall Street crisis spreads as shadow bank blocks withdrawal Apollo and BlackRock Cap Withdrawals — $1.8 Trillion Private Credit Market Under Real Stress Apollo Global Management capped investor redemptions at one of its largest non-traded private credit funds, Apollo Debt Solutions. According to a shareholder letter, it capped redemptions at 5% of outstanding shares after …
Fund Seen As ‘First Domino In Private Credit Bank Run’ Hit With Over 7% In Redemptions: THE AVALANCHE IS NEXT! *MORGAN STANLEY LIMITS REDEMPTIONS ON PRIVATE CREDIT FUND — zerohedge (@zerohedge) March 11, 2026 this is a disaster *CLIFFWATER $33 BLN PRIVATE CREDIT FUND Q1 REDEMPTIONS REACH 14% And Cliffwater is interval, meaning it is …
Longtime Obama confidante’s salary exceeds leaders at Bush, Carter, Reagan and Clinton foundations As construction nears completion on the long-delayed $850 million Obama Presidential Center, federal tax filings show the Obama Foundation paid CEO Valerie Jarrett $740,000 in 2024 while several former Obama White House officials collected six-figure salaries as foundation executives. The Obama Foundation …
Mohamed A. El-Erian @elerianm Is this a “canary-in-the-coalmine” moment, similar to August 2007? This question will be on the mind of some investors and policymakers this morning as they assess the news that, quoting the FT, the “private credit group Blue Owl will permanently restrict investors from withdrawing their cash from its inaugural private retail …
Crypto Rover @cryptorover 🚨BIG WARNING: THE FIRST MAJOR DOMINO HAS FALLEN. Today, Blue Owl Capital announced that it permanently halted redemptions for Blue Owl Capital Corp II (OBDC II), its $1.7 billion private credit fund aimed at retail investors. And this is not a small thing. Blue Owl Capital is a major alternative asset manager …
Robinhood Markets has announced a new plan aimed at giving everyday investors access to private companies before they go public, an area that has usually been limited to venture capital firms and large institutions. The company has launched Robinhood Ventures Fund I (RVI) and started its IPO roadshow for a public offering of about $1 …
Columbia University axes personnel after files reveal Ivy League admitted Jeffrey Epstein’s girlfriend through ‘irregular’ admissions https://t.co/p5MIWh1sZo pic.twitter.com/JT8FNYPRm4 — New York Post (@nypost) February 13, 2026 Columbia University axes personnel after files reveal Ivy League admitted Jeffrey Epstein’s girlfriend through ‘irregular’ admissions Karyna Shuliak, a native of Belarus who was Epstein’s last known girlfriend, was …
“Just spoke with a couple of MDs at a large institutional private equity fund They still believe that Claude is a fad and it will take decades before any real companies adopt them Currently only subscribed to a ChatGPT corporate account at work Mentioned multiple times that absolutely nothing has changed about their workflow since …
Google is selling 100 year debt byu/donopumpi inwallstreetbets BREAKING: Google $GOOG to issue a rare 100-year bond as part of a $20 billion multi-currency debt sale, aimed at funding AI infrastructure. This marks the first such long-term tech issuance since the 2000 dot-com era. What stage? — Financelot (@FinanceLancelot) February 9, 2026 Big Tech is …
Fund managers are holding the lowest cash levels on record (3.2%) byu/neda6117 inwallstreetbets US stock market concentration is at record levels: The S&P 500 Herfindahl-Hirschman Index (HHI) is up to 195 points, near the highest on record. This metric measures how evenly market value is distributed across all 500 stocks in the index. A higher …
Waste Of The Day: NYC Healthcare Fund Is Out Of Cash https://t.co/0SuFdkOHuR — zerohedge (@zerohedge) February 2, 2026 Topline: Former New York City Comptroller Brad Lander claims one of the city’s health insurance funds has “no path to solvency” after labor unions used it to cover pay raises, Weight Watchers and more. Key facts: New …
What a remarkably idiotic thing to say. It's no wonder he blew up his fund. pic.twitter.com/rUHxcRxNP2 — Markets & Mayhem (@Mayhem4Markets) January 28, 2026 🚨 BREAKING: Sec. Scott Bessent just revealed 600,000 THOUSAND families have already signed up for the Trump Accounts, and 25 million are eligible Philanthropists are rushing to contribute. This is HUGE! …
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 …
Global institutional investors have never held so little cash: Cash allocation by fund managers is down to just 3.2%, the lowest since data began in the 1990s. This marks a -1.6 percentage point decline since April, one of the fastest drops since the survey started. Cash… pic.twitter.com/4hoUh1JNNa — The Kobeissi Letter (@KobeissiLetter) January 22, 2026 …
Danish pension fund to sell $100 million in Treasurys, citing ‘poor’ U.S. government finances Danish pension operator AkademikerPension said it is exiting U.S. Treasurys because of finance concerns as Denmark spars with President Donald Trump over his threats to take over Greenland. Anders Schelde, AkademikerPension’s investing chief, said the decision was driven by what it …
Congress, including 81 Republicans and all Democrats, have voted to continue funding the National Endowment for Democracy, which Jimmy and guest Thomas Massie describe as a CIA-linked vehicle for foreign interference and regime change. They criticize Donald Trump and the White House for staying silent, saying even mild opposition from the president could have stopped …
This is corruption, fraud, and a slap in the face to everyone who lost loved ones. 18 were killed, 13 shot at a Lewiston, Maine bowling alley in Oct 2023. A fund raised $4.9 million. They said 100% would go to victims, but over $1 million went to non-profits. 9 of those were Somalian organizations, …
This is straight-up government-sponsored stupidity. Federal district court judge rules taxpayers must fund infinite refugee daycare scams. This is not a legitimate system. This is not democracy. https://t.co/W9WmsqI01l — Stephen Miller (@StephenM) January 10, 2026 If the American public is unable to influence the outcome, we do not live in a democracy. The House, Senate …
Mamdani’s entire platform was built on fairy tales of “free stuff” — now he’s shaking down his own supporters to fund the fantasy. Classic DSA grift: promise utopia, deliver a GoFundMe. Remember when his campaign got busted laundering $13k from foreign donors in Dubai and… — CityDeskNYC (@CityDeskNYC) November 30, 2025 They voted for him …
Appetite for risk is incredibly strong: Options trading volumes in loss-making Russell 2000 stocks have risen to ~6 million contracts per day, an all-time high. Volumes have more than doubled since April and surpassed the previous record set during the 2021 meme-stock mania. By comparison, options activity in profitable stocks is only 33% as large. …
Michael Burry just closed his fund, top signal. pic.twitter.com/8O1Al5TPRe — TT3 (@TradingThomas3) November 13, 2025 BREAKING 🚨: Michael Burry Michael Burry to close down his hedge fund by year end after acknowledging he doesn't understand today's market pic.twitter.com/vrCIRNf5xH — Barchart (@Barchart) November 13, 2025 Happy Thursday. pic.twitter.com/g1YXL7Jc2l — Brew Markets (@brewmarkets) November 13, 2025 Since …
Lawrence Lepard, Managing Partner of Equity Management Associates, discusses the outlook for Bitcoin, gold, and monetary policy. *This video was recorded on November 7, 2025
More $$taxation because the government has no restraint on spending. NY, IL , Calif & Colorado….see a pattern? — floridanow1 (@floridanow1) November 5, 2025 Shannon Thompson, public policy and legislative chair for the Colorado School Nutrition Association, speaks at an event in support of two ballot measures that would shore up funding for the state’s …
Norway’s sovereign wealth fund has voted against a Tesla proposal to give CEO Elon Musk a compensation package worth $1 trillion. The fund, which is managed by Norges Bank Investment Management, holds a 1.14% stake in Tesla valued at about $11.7 billion, according to its mid-year filings in June. “While we appreciate the significant value …
The Trump administration has committed to partially funding the Supplemental Nutrition Assistance Program with a $4.65 billion payment — but using emergency funds to pay for reduced SNAP benefits could take “a few weeks to up to several months,” a top USDA official told a federal judge in a sworn court filing Monday. The disclosure …
Donald J. Trump Truth Social Post 06:10 PM EST 10/31/25 Our Government lawyers do not think we have the legal authority to pay SNAP with certain monies we have available, and now two Courts have issued conflicting opinions on what we can and cannot do. I do NOT want Americans… — Commentary Donald J. Trump …
CA state retirement fund lost 71% of $468M put in clean energy, won’t say how. CETF losses show “the combined dangers of private equity and ESG investment — you have a very opaque investment choice that appears to have been chosen because of its green credentials, and yet it’s now generated a huge loss for …
(A “Bridge Card” is the name for the SNAP (Supplemental Nutrition Assistance Program) EBT card in Michigan, so it’s not a separate program, but the name of the tool used to access SNAP benefits. SNAP is the federal program that provides funds for eligible food purchases, which are then loaded onto the EBT card. Other …
