MoU Stacked in Holding Pattern as US Pivots to Plan ‘B’

Brutal: Democrats Walked Straight Into This Authored by Steve Watson via Modernity.news, A new advertisement from conservative group American Sovereignty hammers Democrats for staying seated during President Trump’s State of the Union call to prioritize American citizens over illegal aliens, using footage that lays bare their priorities. The ad, which dropped Thursday, features Trump stating, “If you agree with this statement, then stand up and show your support: The first duty of the American government is to protect American citizens, not illegal aliens.”  Republicans rose in applause while Democrats remained glued to their seats, with overlays labeling...

Blackstone's Private Credit Fund Joins Peers In Gating Investors After Surge In Redemptions The private credit gates are shutting all over again. After virtually every marquee private credit fund limited withdrawals after being flooded with redemptions requests in Q1, we are seeing more of the same as the second quarter rolls out. And two days after Cliffwater LLC capped redemptions at 5% after investors requested 17% to be returned, a jump from the 14.0% in Q1 (which was also gated at the 5%) limit, this morning Bloomberg reports that Blackstone has also limited...

Futures Slide As Tech Tumbles, Korea Crashes US equity futures are sharply lower as a Semis/South Korea-induced selloff has spread globally slamming tech stocks and pushing SpaceX 3% lower and below its first day of trading price of $150. Nasdaq stocks lead sentiment and early trading lower with AI cost concerns back in focus, as Bloomberg notes that traders are pointing to a South Korean media report we first highlighted at 8pm last night, saying SK Hynix is slowing expansion of AI memory chip production and shifting emphasis to commodity DRAM. As...