"Strain Is Spreading": FT Exposes Private Credit Distress At Decade Highs

Stock Futures Drift As Attention Turns To European Debt Crisis Futures are lower to start the week and global markets struggle for direction, as political upheaval and mounting concern over Europe’s public finances dampened risk sentiment and sent the euro to a 17-month low against the dollar while the US yield curve twists steeper and USD appreciates. As of 8:00am ET S&P futures are down 0.1% and Nasdaq futures slip 0.2% from their record close on Friday, as most Mag 7 stocks are lower although Nvidia climbs another 0.6%...

Explosives Found Near Key Serbia-Hungary Pipeline Transporting Russian Gas Serbian President Aleksandar Vucic informed Hungarian Prime Minister Viktor Orban by phone on Sunday that explosives were discovered near a key pipeline carrying Russian gas from Serbia to Hungary. "Our units found high-powered explosives and detonators," Vucic wrote on Instagram after briefing Orban on the military and police investigations. via EPA During a site visit on Sunday, Vucic told journalists the explosives were located in the autonomous Vojvodina province in northern Serbia, near the Hungarian border. The device was reportedly found near the main...

Trump’s first year back in office has been loud, aggressive, and consequential—but has it been effective? Ryan McMaken appears on Stossel TV.