Gold tests $1960

Israeli Defense Minister Israel Katz formalized the plan for a military occupation of southern Lebanon today, announcing the intention of the Israeli military to take full military control of a “buffer zone” spanning southern Lebanon from the border with Israel all the way to the Litani River. Before the latest war this region was home […]

Iran Strikes Covert Missile Deal With Moscow In Backchannel Rearmament Iran is squarely in the Trump administration's crosshairs, and both Russia and China are to some degree coming to Tehran's aid with some significant arms deals meant to potentially stave off future attack. Most significantly, the Financial Times is reporting that Russia will supply the Iranians with thousands of advanced shoulder-fired missiles in a deal worth 500 million Euros. via ReutersIt's said to be part of a broader effort to rebuild Iran's air defenses, which were heavily destroyed and retarded by Israeli-US airstrikes in the last...

Blue Owl Plunges After Halting Redemptions On Private Credit Retail Fund Things are getting from bad to worse for Private Credit giant Blue Owl Capital. The last time we looked at the firm's precarious liquidity situation about a month ago, we found that the Blue Owl BDC would allow for 17% redemptions as investors, burned by both the tumbling stock price and the company's massive exposure to ticking private credit time bombs, were storming for the exit.  Blue Owl BDC Allows for 17% Redemptions as Investors Storm Exit: BBG — zerohedge (@zerohedge) January...