Cliffwater Private Credit Fund Gates Investors For Second Straight Quarter After Redemption Requests Soar To 17%

Bank Of Japan Raises Rates To 1% For The First Time In 31 Years, Will Stop Reducing Bond Purchases As widely expected, the BoJ raised the policy rate by 25bp to "around 1%" (there was one dissent from newly appointed dovish board member Asada for a hold) taking the cost of borrowing to its highest level in 31 years as the country adjusts to sustained inflation. The 0.25% increase, which was widely expected, takes Japan to what analysts said was a critical milestone in the central bank’s effort of normalizing monetary policy...

"F**k The USA": Professor Delights Chicago Crowd With Anti-American And Anti-Border Rant Authored by Jonathan Turley via jonathanturley.org, I have previously written about the "radical chic" in higher education of faculty members who espouse extremist views in departments purged of conservative, libertarian, or moderate voices. While it is virtually impossible to get departments to seriously consider a mainstream conservative or libertarian, schools like Princeton eagerly hire professors such as Keeanga-Yamahtta Taylor, who recently delighted a Chicago audience with an unhinged rant against the United States and the concept of a nation-state. Bill...

Speculation Nation Authored by Adam Sharp via DailyReckoning.com, Americans are natural risk takers. This trait goes back to the country’s founding stock. Many of our ancestors decided to leave their homelands and set off to the New World. In search of freedom, land, meat, and prosperity, these pioneers laid the foundation for a bold nation. As a result, Americans have always excelled in the entrepreneurial arts. We aren’t afraid to take the risk of starting a business. This is surprisingly rare throughout the world. It’s one of the prime reasons our nation is so...