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Well, Friday is certainly delivering the chaos. The S&P 500 took a nosedive at the close, oil is ripping higher, and the usual talking heads are screaming about recession. It鈥檚 the kind of risk-off move that, in the old days, would have sent Bitcoin straight to the shadow realm. But looking at my screen right now, BTC is sitting at $66,064. It鈥檚 do...
Everyone is fixated on the news that Morgan Stanley and Cliffwater are gating withdrawals from their private credit funds. But they're asking the wrong question. The question isn't 'Is private credit in trouble?' The real question is 'What does this tell us about the public markets?' From where I'm sitting, this is the first major crack in the foun...
According to DropsTab, the latest data on the largest global financial assets highlights how capital has been rotating over the past three months.
Traders at Goldman Sachs warn that the sell-off in US equities is not over yet, despite recent strong rebounds in major indices.
