Can the #Treasury really put a ceiling on #bond yields? The gov’t is spending like teens in a mall with Dad’s credit card, the #Fed isn’t tightening, AND #JoblessClaims remain at 60-year lows.
One of the differences between bubbles and speculation is that bubbles pervade society. A sportswear and memorabilia company buys a financial technology firm to get into prediction markets? Hmmmm.
https://t.co/h7wgtSfTL6
Extreme IPO Issuance is one of the classic signs of a bubble. The fact that today it’s BIG IPOs instead of lots of little ones really makes no difference.
Higher rates from Washington’s never-ending irresponsible #TaxCuts, #Spending, #Debt, and #Deficits continue to hurt the US economy. Example: US #mortgage rates mimic those of #EmergingMarkets.
(Table: Global Property Guide)
This level of delusion is disturbing and should scare market participants (more than the other post in which he is cursing on Easter Sunday)
https://t.co/utY50nZJW3
NEW podcast episode is up!
How to Simplify Your Life in 2026 — New Tips from Maria Popova, Morgan Housel, Cal Newport, Craig Mod, and Debbie Millman
Many of us feel like we’re drowning in invisible complexity. So I wanted to hit pause and ask a simple question:
What are 1-3 decisions that could dramatically simplify my life in 2026?
To explore that, I invited five long-time listener favorites: @themarginalian, @morganhousel, Cal Newport, @craigmod, and @debbiemillman.
Please enjoy!
https://t.co/unsog5JGfs
This is definitely a wake-up call and probably the beginning of rapid mass disruption in certain industries. Your company will not have your back. Have a plan!
Is this a “canary-in-the-coalmine” moment, similar to August 2007?
This question will be on the mind of some investors and policymakers this morning as they assess the news that, quoting the FT, the “private credit group Blue Owl will permanently restrict investors from withdrawing their cash from its inaugural private retail debt fund.”
There’s plenty to think about here, starting with the risks of an investing phenomenon in advanced (not developing) markets that has gone too far overall (short answer: yes), to the approaches being taken by specific firms (lots of differences, yet subject to the “market for lemons” risk). There’s also the “elephant in the room” question regarding much larger systemic risks (nowhere near the magnitude of those which fueled the 2008 Global Financial Crisis, but a significant – and necessary – valuation hit is looming for specific assets).
More to follow on this.
#economy #markets #privatecredit @FT #BlueOwl
It’s pretty hard for an #economy to compete globally and gain productive market share while acting like the candle-maker fighting the light bulb. (Chart: Semafor)
@PamBondi says the DOW is over 50,000 “DOLLARS” - my God, the ignorance. It’s measured in points you dumb ass. Not to mention your absolute spineless and shameless posture of selling out these victims. Karma is a bitch and it’s coming for you.