Funds still underwater after 2016 bets, private equity risk eclipses public markets…
– Yale is withdrawing $6 billion from private equity. But according to them, there's nothing to read into that, so they claim.
– Private equity continues to underperform publicly listed equities across every major time horizon: one year, three years, five years, and ten years.… https://t.co/bXDV2Aa44T
— jeroen blokland (@jsblokland) June 23, 2025
US consumer spending is running at a pace barely half (!) its pre-pandemic trend.
This crude oil rally is not going to make things better.
— Alf (@MacroAlf) June 23, 2025
There are now a half million more house sellers than buyers.
That's the worst since the 2008 housing crisis.
The average American has two-thirds of their retirement in their home.
If housing breaks, they break. pic.twitter.com/rAzu6Er8a3
— Peter St Onge, Ph.D. (@profstonge) June 23, 2025