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"Shocking Levels Of Distress": CMBS Delinquencies Unexpectedly Soar To COVID Highs
"Shocking Levels Of Distress": CMBS Delinquencies Unexpectedly Soar To COVID Highs
With market focused on private credit as the next credit market crisis vortex, many have forgotten that CMBS, the asset class that was smashed in the aftermath of covid as hundreds of office buildings were suddenly left vacant, has been teetering on the edge for years. For some, it proved to be a lucrative bet as the "next big short" after various office-heavy CMBX tranches collapsed in 2020 and 2021. But due to the slow-burning nature of commercial real-estate...
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Mar 24, 2026 / Tyler Durden
New Details: US Pilot Suffered Shrapnel Wounds After 'Unkillable' F-35 Was Struck By Iran
New Details: US Pilot Suffered Shrapnel Wounds After 'Unkillable' F-35 Was Struck By Iran
Very little is known about last week's incident which forced an 'unkillable' F-35 fighter jet to make an emergency landing at an airbase in the Middle East last week, amid reports it took on Iranian fire.
Iranian state media said it was shot and successfully downed. Al Jazeera observed that "If true, this would be the first time during the war that an F-35, the cornerstone of Washington’s aerial firepower, has been struck by Iran."
US CENTCOM file image
US Central Command...
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Mar 24, 2026 / Ryan McMaken
McMaken on Stossel: Meet the Austrians
Politicians say they can “fix” the economy. But economists Friedrich Hayek and Ludwig von Mises pointed out how government “fixes" lead to bigger problems. Ryan McMaken is interviewed by John Stossel for this interview about what we can learn from Mises and Hayek.
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Feb 28, 2026 / Tyler Durden
Rare Local Ceasefire In Ukraine At Zaporizhzhia Nuclear Plant For Urgent Repairs
Rare Local Ceasefire In Ukraine At Zaporizhzhia Nuclear Plant For Urgent Repairs
The International Atomic Energy Agency (IAEA) confirmed in a Friday announcement that a local ceasefire between Ukraine and Russia is in effect around the Zaporizhzhia Nuclear Power Plant to urgently allow crews to restore the facility's backup power supply.
In a local, mutual agreement along the front lines, the UN nuclear watchdog confirmed both sides agreed to halt fighting in the area to enable work on the damaged line. This is a rare ceasefire moment, even if very localized...
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