Worst Ad Campaign Ever...

Vice President JD Vance spoke at a Republican Jewish Coalition event on Monday, where he called the US-Israel relationship “one of the most important alliances in the world” and discussed how to sell the special relationship to the growing number of skeptics in the US. What was supposed to be an off-the-record conversation was leaked […]

"Strain Is Spreading": FT Exposes Private Credit Distress At Decade Highs Since last fall, we have repeatedly flagged the private credit sector’s growing vulnerabilities. Earlier coverage detailed how the asset class ballooned into a $2-3 trillion opaque market after banks retreated from riskier lending, only to face a wave of high-profile defaults (First Brands, Tricolor), surging redemptions that forced gates at major vehicles, rising PIK usage, and AI-related risks to software-heavy portfolios. In February, the red flag got about as red as it gets... Private Credit Rocked By UBS Shock Outlook: Record "Cascading...