The Ideological Impregnation of Thought

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...

Futures Slide But Off Session Lows As Oil Spikes Above $100 Ahead Of Trump's 10am Hormuz Blockade Stock futures are lower, but off their worst levels of the session, as Brent crude surged 7% to over $102 after Trump ordered a blockade of the Strait of Hormuz to take place at 10am ET. The moves look relatively contained given the breakdown of US-Iran talks, with strategists saying this is a moment to buy the dip. Goldman Sachs is kicking off the earnings season shortly with earnings that missed on FICC revenue, sending the stock...

Donald Trump, by his Epstein class donors and key Zionist (Israel First) advisors, his revised cabinet appointments and his rhetorical public statements over the past year and a half year since the election, has demonstrated his true colors: he is a reactionary throwback, an old-school corporate liberal, an Ur-Progressive in the mold of Herbert Croly […] The post It is Time to Cut Out All Pretense, Masquerades, or Duplicitous Illusions– Donald Trump is a Fascist appeared first on LewRockwell.