News
The K-Shaped Economy: Why The Middle Class Moved Up
4+ hour, 38+ min ago (14+ words) Zero Hedge - On a long enough timeline, the survival rate for everyone drops to zero...
Latest Fed Beige Book Underscores "K-Shaped" Split Of US Economy
1+ week, 2+ day ago (14+ words) Zero Hedge - On a long enough timeline, the survival rate for everyone drops to zero...
Gundlach Warns "Bagholders" Will "Lose Money" In Private Credit As BDCs Slash Asset Values, JPM Faces $500 MM Loss In Biggest "Hung" Deal This Year
1+ mon, 5+ day ago (587+ words) Zero Hedge - On a long enough timeline, the survival rate for everyone drops to zero...
US Mortgage Debt Hits $13. 2 Trillion, Average Household Owes Nearly $109, 000
1+ mon, 1+ week ago (167+ words) Zero Hedge - On a long enough timeline, the survival rate for everyone drops to zero...
Consumer Credit Grows Less Than Expected On Subdued Credit Card Usage
2+ mon, 5+ day ago (362+ words) The February consumer credit number was shy of the estimate, printing $9. 484 billion, up from a downward revised $7. 665 billion, and below the $10. 25 billion estimate." While the monthly jobs report has become a veritable economic random number generator, with every monthly print…...
Subprime Crisis 2. 0: Will Private Credit Be The Trigger?
2+ mon, 2+ week ago (794+ words) We have recently tackled the rising stress in the Private Credit markets. Here are a few of our previous warnings: Fitzpatrick: Soros CEO & CIO Warns of a Reckoning Private Credit Stress: Will The Fed Backstop Exuberance Again? " RIA Is Private…...
Someone Tell Lloyd Blankfein The Fire In Private Credit Has Already Started
2+ mon, 2+ week ago (231+ words) Submitted by QTR's Fringe Finance But, obviously, what he doesn't realize is that the deterioration he's warning about isn't ahead of us. It's already here. And the psychology has shifted. The bid is no longer blind. Look at the sequence…...
The 'Blame Game' In Private Credit Begins
2+ mon, 2+ week ago (393+ words) Submitted by QTR's Fringe Finance This morning'I warned (again)'this wasn't a normal market in private credit. It was a liquidity event. And today it's becoming something else too. And the timing is almost too perfect. Because just as gates…...
Trapped: The Private Credit Exit Door Has Been Locked And Sealed Shut
2+ mon, 2+ week ago (780+ words) Submitted by QTR's Fringe Finance While headlines are fixated on the Iran war and today's "feel good" market rally, it is worth noting that beneath the surface, hours ago credit markets just got worse. The latest example comes from Apollo,…...
The Private Credit Crisis Is Spreading
2+ mon, 3+ week ago (242+ words) Submitted by QTR's Fringe Finance The private credit crisis is spreading to another corner of the market that I'warned about back in October,'when I wrote about 10 parts of the market I'd avoid. For years I've been warning that buy…...