Bomber Who Targeted Ukrainian Tycoon In Monaco Identified, Manhunt Continues

Cliffwater Private Credit Fund Gates Investors For Second Straight Quarter After Redemption Requests Soar To 17% The market may be in full-blown face-ripping bubble mode, and software stocks are now gripped in by a category 5 gamma squeeze hurricane, but not even that is helping the ongoing debacle that is private credit. The flagship private credit fund of Cliffwater, a fund which has was slammed by redemption requests in the past quarter as the private credit crisis came to a fore, has again gated investors by capping redemptions at 5% in...

Data from the shipping tracking firm Vortexa found that at least 34 Iranian ships have bypassed the US blockade since President Donald Trump imposed it on April 13. The US has only stopped two Iranian ships.  Trump has argued that his blockade is a tremendous success and has put the government in Tehran on the […]

Schrodinger's Strait, Schrodinger's Market By Benjamin Picton, Senior Market Strategist at Rabobank Erwin Schrodinger famously proposed a thought experiment to illustrate the apparent absurdity of quantum mechanics when applied to the macroscopic world. In the theoretical experiment, Schrodinger’s eponymous cat, contained in a box with a radioactive atom, a Geiger counter and a vial of poison, exists in a state of superposition whereby it is simultaneously both alive and dead until the box is opened. And so it is with the Strait of Hormuz, which exists in a state of both openness...