BREAKING: The Federal Reserve is asking major US banks for details about their exposure to private credit following a surge in redemptions from the funds and a rise in troubled loans in the industry, per Bloomberg
The Big Short legend @michaeljburry showing people why he’s still the undisputed goat of contrarian takes…
This weekend Burry posted about private credit and less than 24 hours later Jamie Dimon of JP Morgan acknowledges it…
Rly hope this isn’t Wall Street covering stuff up until it blows up again
$GME "We have a very strong balance sheet, over $9 billion of cash and marketable securities. And we will deploy that capital..." - Ryan Cohen
Can't stop won't stop
After defeating Iran 37 times in a row, this brilliant no-strategy war they started has now been downgraded from “regime change” to “Hey! Can anyone find our pilots? Please?🥺”
Wow. What incredible progress. Absolute geniuses.
Look at this.
This wallet has just put an $800,000 bet on boots on the ground in Iran.
They previously were right about the time US struck Iran first.
Unusual.
BREAKING: US intelligence has determined that just ~33% of Iran's missile arsenal has been destroyed as the Iran War nears its 1-month mark, per Reuters.
Details include:
1. The intelligence assessment shows Iran still has "significant missile inventory"
2. The status of around another third is less clear but bombings likely "damaged, destroyed, or buried" those missiles in underground tunnels and bunkers
3. Sources say US intelligence was similar for Iran's drone capability
4. Iran is expected to recover some buried or damaged missiles once fighting stops
Tomorrow is the 1-month mark of the war.
BREAKING: The IRGC says that the Strait of Hormuz is closed and any transit through the waterway will face “harsh measures.”
Three container ships of various nationalities were just turned back from the Strait of Hormuz after warnings from the IRGC navy, media reports.