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Is Credit Whispering, Or Screaming?
Is Credit Whispering, Or Screaming?
By Peter Tchir of Academy Securities
Is Credit Whispering? Or Screaming?
For the past couple of years, it has been relatively safe to assume credit is well behaved and relatively range bound. It is unclear if that remains the case.
We may be in a situation where the AI spend, the AI displacement, and the Working Poor are forming a storm of some sort. How severe remains to be seen, but for the first time in a while it is a real concern for me. My inclination has been...
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Feb 23, 2026 / Tyler Durden
Supreme Court Tariff "Bomb"? Fears Of A $200 Billion Refund Shock Are Overdone
Supreme Court Tariff "Bomb"? Fears Of A $200 Billion Refund Shock Are Overdone
Authored by Daniel Lacalle,
The market consensus reaction to the Supreme Court ruling on the Liberation Day tariffs exaggerates the negatives and ignores the options of the Trump administration.
Markets are overreacting to headlines about a $175–200 billion tariff refund financial hole. However, the Supreme Court ruling opens a long, narrow, and manageable process, not an imminent fiscal crisis.
In the days after the Supreme Court struck down the Trump Liberation Day tariffs, many sell-side analysts turned a complex legal...
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Feb 15, 2026 / Kyle Anzalone
Trump’s Greenland, Foreign Policy Unpopular with Americans
A new poll shows that President Donald Trump’s calls to take Greenland and his foreign policy overall are unpopular with Americans. Trump ran on an America First platform that would avoid unnecessary foreign entanglements and wars. According to a new AP-NORC poll, 72% of Americans disapprove of Trump’s handling of Greenland, including 91% of Democrats […]
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Feb 15, 2026 / Dave DeCamp
US Launches Another Airstrike in Somalia, Marking the 31st of the Year
US Africa Command announced on Friday that its forces launched an airstrike in Somalia on February 13 targeting the ISIS affiliate in the northeastern Puntland region, marking at least the 31st US airstrike in the country this year. AFRICOM offered no details on the strike other than saying it was launched about 30 miles southeast […]
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