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Sternlicht's Starwood Real Estate Fund Gates Redemptions
Sternlicht's Starwood Real Estate Fund Gates Redemptions
Earlier this month, when much of the attention was largely focused on private credit, we warned that one of the old, familiar credit market time-bombs, commercial real estate which for many years had been penned as the "Next Big Short", was deteriorating rapidly: according to the latest TREPP CMBS monthly report, March saw a surge in the CMBS delinquency rate, which jumped by 41bps to 7.55%, the highest in years, led by a surge in the lodging rate, a category which until now was...
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Jul 20, 2026 / Tyler Durden
Futures Rebound On Fresh Bout Of Iran Optimism As Hyperscaler Earnings Loom
Futures Rebound On Fresh Bout Of Iran Optimism As Hyperscaler Earnings Loom
US equity futures rebound from Friday's selling, indicating a firmer start to the week with S&P futures rising 0.5% at 8.00am ET, and Nasdaq futures up 1% after a sluggish start to the session, after Iran’s Foreign Ministry said it had received proposals from mediators about the conflict with the US. In premarket trading, semis are higher as are Mag7 names; the AI theme is bid across sectors. Cyclicals are leading Defensives; both are higher in absolute terms,...
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Jun 8, 2026 / Tyler Durden
Xi Jinping Applauds Kim's 'Socialist Cause' In Warm North Korea State Visit
Xi Jinping Applauds Kim's 'Socialist Cause' In Warm North Korea State Visit
North Korean leader Kim Jong Un warmly greeted Chinese President Xi Jinping in Pyongyang Monday, kicking off Xi's two-day state visit to the internationally isolated country - which is his first trip there in seven years.
Xi has called for deepening "strategic coordination and cooperation" with North Korea shortly after receiving a lavish, red carpet welcome at the airport. The two sides should inject "powerful momentum" into their ties, Xi said according to a readout released by Chinese state media...
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Nov 2, 2026 / Tyler Durden
Red Baron Pizza-Stocker Who Ripped Instagram Pranksters Raises $700,000
Red Baron Pizza-Stocker Who Ripped Instagram Pranksters Raises $700,000
Authored by Catherine Salgado via PJ Media,When some stupid, lazy, nasty Instagram influencers attempted to pull a cruel prank on a man who works stocking pizzas in stores for the Red Baron Pizza company, the man furiously berated the pranksters in a now-viral video. And his GoFundMe has taken off like wildfire.Red Baron pizza stocker goes viral for going off on kid trying to prank him for a social media video. $400k has now been raised for him online & Red...
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