$1.8 Trillion Market MELTDOWN Has Begun As Private Credit Bubble Pops… And It Is Spreading. JPMorgan & Goldman Offer Hedge Funds Way to Short Private Credit

(Bloomberg) — Goldman Sachs Group Inc. and JPMorgan Chase & Co. are among investment banks offering hedge fund clients ways to bet against the $1.8 trillion private credit market, people with knowledge of the matter said. The firms have assembled baskets of listed companies with exposure to the space, the people said, who requested not …

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Is This When the AI Bubble Pops?

And the avalanche of stock values begins? by David Haggith Today looked a lot like the start of the long avalanche in stocks that became known as the dot-com bust. Yesterday, I wrote the following … The internet was transformational. AI will be, too. Maybe on a bigger scale even than the internet eventually; but the same rules …

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Mysterious “Lab” Pops Up in Rural Vermont

by Chris Black So out of the blue, a “lab” pops up in the middle of nowhere Vermont. All the local residents get an Amazon package with a can of garbanzo beans and a small gift receipt note inviting them to an open house on Oct 7th. They specialize in pandemics and AI. Is Vermont …

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US Credit Card Debt Pops $1 Trillion

by Chris Black These people tell you they’re creating a utopia of mutilated kids, endless war, and blacks going buckwild. Meanwhile in the real world: RT: Credit card balances in the US rose by $45 billion in the second quarter, surpassing $1 trillion for the first time ever, the New York Federal Reserve Bank reported …

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