With Private Credit We See The Credit Cycle Hasn't Been Repealed

Here is the non-news news flash up front — The alleged ceasefire between the United States and Iran is kaput. While there has been no official announcement stipulating that it is over, trust me, it is over. The copium in the Trump administration in particular, and in Washington, DC in general, is ridiculous… Proclamations of a great […]

Stock Futures Slide As Doubts Over Ceasefire Send Oil Higher Stocks resumed their drop and oil erased about a third of its Wednesday drop as traders watched the fragile US-Iran ceasefire shatter by the hour, with both sides accusing the other of breaches while the Strait of Hormuz is still effectively closed and Israel intensified strikes on Lebanon. As of 8:00am ET, S&P futures fell 0.4% after Bloomberg strategists said a best-case scenario has already been priced in;  Nasdaq futures dropped 0.3% with Mag7 stocks mostly lower. Europe’s Stoxx 600 index fell 0.7%. Emerging-market...

Israeli Defense Chief Lashes Out At Trump Policy For Preventing Destruction Of Hezbollah Israeli Defense Minister Israel Katz in a talk before reporters Monday ripped the Trump administration, blaming the US for giving into Iran's demands that a peace framework incorporate the Lebanon front. Trump "exerted pressure" on Israeli PM Benjamin Netanyahu within several telephone calls "in the run-up to the signing of the memorandum of understanding" - and ultimately prevented Israel from disarming and destroying Hezbollah, he asserted. Katz expressed "regret" at the US linking up Iran and Lebanon, saying: "The...