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Still The (Military) Base Case
Still The (Military) Base Case
By Michael Every of Rabobank
Hormuz traffic is climbing, but refined product prices are lagging, and crack spreads are blowing out: one can’t just look at the oil price to understand the overall energy dynamic.
On the geopolitical front, things are also still mixed. Talks about the US-Iran MoU in Doha, without either side speaking to the other, went well according to the US, who are staying on for what could be indirect talks today. However, the Wall Street Journal reports Iran is split, with political leadership...
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May 21, 2026 / Tyler Durden
Daily Wire Names New CEO As Audience, Revenue Challenges Mount
Daily Wire Names New CEO As Audience, Revenue Challenges Mount
The Daily Wire announced Tuesday that CEO Caleb Robinson is stepping down effective immediately and transitioning to a board role while retaining significant ownership in the company. Mike Richards, who joined as President and Chief Content Officer roughly a year ago, has been named the new CEO.
Robinson framed the move as a deliberate shift: "Stepping down as CEO of Daily Wire. Effective immediately, my new title is 'guy on the board who still owns a lot of the company.' Pay...
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Mar 25, 2026 / Tyler Durden
Trapped: The Private Credit Exit Door Has Been Locked And Sealed Shut
Trapped: The Private Credit Exit Door Has Been Locked And Sealed Shut
Submitted by QTR's Fringe Finance
While headlines are fixated on the Iran war and today’s “feel good” market rally, it is worth noting that beneath the surface, hours ago credit markets just got worse.
The latest example comes from Apollo, which has been forced to put the brakes on investor withdrawals from one of its largest retail focused funds, according to Bloomberg. Its $25 billion Apollo Debt Solutions vehicle is the latest private credit flaming bag of shit that has hit...
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Mar 12, 2026 / Dave DeCamp
Five-Year-Old Reported Killed by Israeli Forces in Gaza as IDF Attacks Continue Across the Strip
Israeli forces killed a five-year-old boy in Gaza on Thursday, the Palestinian news agency WAFA reported, as IDF attacks have continued across the Strip amid the US-Israeli war against Iran. Sources told WAFA that the boy, identified as Samih Shehab Samih Marou, was killed by Israeli fire in Beit Lahia, northern Gaza. On Wednesday night, […]
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