Gold tests $1960

President Trump said in an interview with The New York Post on Monday that he won’t rule out sending troops into Iran as the war the US and Israel launched against the Islamic Republic on Saturday morning continues to rage. “I don’t have the yips with respect to boots on the ground — like every […]

Private Credit Firesale Begins: World's Largest Asset Manager Gates Investors In $26 Billion Fund Three weeks ago, when the largest US Private Credit-focused asset manager Blue Owl, was faced with a flood of redemptions due to its outsized exposure to software loans (which are very rapidly being repriced to zero thanks to the disruption from AI), the firm opted against reinstating quarterly redemptions on a retail fund and decided to return investor capital through assets sales instead (effectively also freezing the money in it and gating investors ) announcing a massive...

What A Taiwan Invasion Would Cost China Authored by Antonio Graceffo via The Epoch Times (emphasis ours), Shortly after meeting with Chinese Communist Party (CCP) leader Xi Jinping in late October, President Donald Trump said China would never attack Taiwan while he is president because Chinese officials “know the consequences.” While support from the United States is welcome news for Taiwan, Trump’s words raise a real question: Does Xi actually know the cost of invading Taiwan? A U.S.-made F-16V fighter jet taxis on the runway at an airforce base during the annual...