Article
"It's Really Illiquid": Goldman COO Warns Retail About Private Credit And The "Perception Of Liquidity"
"It's Really Illiquid": Goldman COO Warns Retail About Private Credit And The "Perception Of Liquidity"
Speaking at Semafor’s World Economy event in Washington, D.C., President and COO of Goldman Sachs John Waldron warned that some managers have oversold how easy it is to get money out—especially to retail investors, who’ve helped balloon the market into a $1.7 trillion behemoth just as the space faces growing scrutiny and tighter conditions, according to Semafor.
“Not everybody has marketed their product as clearly as, certainly we would like to see with the clarity that...
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You have entered the season of chaos. Better get used to it. The center quit holding a long time ago, and now even the margins are quivering. Buckle up and batten down. It will probably get rougher and weirder. Struggle is everywhere.
Iran Declares Victory
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"Use The Momentum": The EU Moves To Destroy The Last Vestiges Of National Sovereignty
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The defeat of Viktor Orban in Hungary last weekend was celebrated by many who saw the former president as establishing single-party rule in his central European nation. The irony is that this claimed victory for democracy may fuel the establishment of a global governance system that is neither democratic nor accountable to citizens.
The European Union was criticized by many for taking sides in the Hungarian election and for undermining Orban, who asserted national priorities in disputes...
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May 7, 2026 / Tyler Durden
First Chinese Tanker Attacked Near Hormuz As Beijing Urges Waterway Reopened
First Chinese Tanker Attacked Near Hormuz As Beijing Urges Waterway Reopened
There have certainly been escalating tensions in the Strait of Hormuz this week amid a wave of Iranian attacks on commercial ships after a U.S. military effort to escort merchant vessels through the maritime chokepoint.
By midweek, tensions had simmered, and Iran is still reviewing a 14-point U.S. proposal to end the war, with Tehran expected to send its response to Pakistani mediators later today.
President Trump said talks with Iran have been "very good" and suggested a deal remains possible....
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