What Caused the Collapse of Silicon Valley Bank?

Private Credit Bank Run Begins: Blue Owl Gates After Shocking 41% Of OTIC Investors Ask For Their Money A week ago, in an attempt to calm the market, Goldman's economists published a lengthy, if at times disjointed, report discussing why a crisis in private credit would not lead to another financial crisis. We are about to find out if they were right.  Recall that in mid-March, while attention was understandably focused on the Iran war, we explained why Blue Owl's February decision to commence liquidations of loans in its three core private...

The Washington Post reported on Thursday that the Pentagon was considering diverting military aid meant for Ukraine to the Middle East for use in the US-Israeli war against Iran, as the US military continues depleting its stockpiles of air defenses and other munitions in the conflict. Since last summer, the US has been sending military […]

Blue States Are Still Facing A Mass Taxpayer Exodus Long After COVID Remember when blues state Democrats tried to enforce sweeping pandemic mandates for years after it became clear that covid was not the "mass killer" that the supposed experts claimed it would be?  Remember when they called for people to be jailed for publicly speaking about scientific facts that contradicted the narrative?  Remember when they called for people's children to be taken away if they refused to vaccinate?  Remember how millions of people left blue states in response to the...