The private credit firesale begins as Blackrock just did what Blue Owl and BlackStone so desperately tried to avoid...

...and ugly way to end the week.

"Prices may decline by $10 on reassuring headlines, but they could rise by $30 once Gulf production shut-ins begin to materialize and ripple through the market."

"While net oil exporters are likely to see their external payment metrics benefit from higher oil prices, net importers are likely to suffer some external weakness..." 

About 25,000 flights into and out of the region from Saturday through Thursday have been canceled...

The companies are exploring opportunities to deploy uranium enrichment facilities in the US...

"The two sides are still negotiating the specifics of the announcement..." 

...all the FX charts you can eat!

Arguably the biggest accomplishment of the Trump administration was nothing more than statistics fake news. 

" ... one designed to collapse BRICS, force China's hand, and lock in dollar dominance for decades."

Faced with a collapsing historical and legal narrative, Democrats are now moving to simply indoctrinate students that this was an “insurrection"...

"It was a difficult day for the company, and I apologize for the tone of the post..."

...a dynamic worth paying attention to long before it becomes a problem.

"...if they rise, they rise..."

The president froze the admission and processing of refugees in executive orders on the first day of his second term...

"Everybody who has not called for force majeure we expect will do so in the next few days..."

The trade ultimately becomes a call on the duration of the Iran conflict, which is the primary reason for the higher correlation...