"Multiple narratives have emerged in media accounts." 

Israel-Hamas ceasefre violations; US President Trump signed a proclamation on Friday to address the threat to national security from imports of medium and heavy-duty vehicles, parts and buses; Chinese GDP and Activity data eyed.

Naming something “private” helped in the AUM growth as it tied nicely with “private equity” and is now hurting the industry, despite the fact that credit has always kind of been private...

Maybe it was someone who hates kings?

If you’ve been following the US/China relationship this year, a pattern has emerged... 

"Trump’s consultants clearly pushed the panic button..."  

...the physical market finally “calling the bluff” of decades of paper manipulation in metals...

“If [Putin] wants it, he will destroy you.”

“Each Xe-100 module can provide 80 megawatts of full-time electricity...”

This came as Saudi Arabia tabled a motion on Oct. 17 to defer the vote by one year...

The current breakdown of this 50-year framework is presaging perhaps the biggest macro event in decades.

"the United States doesn't want escalation."

In the absence of talks, the clock is now ticking towards a string of critical dates and pressure points that could test lawmakers’ resolve and potentially break the stalemate...

"The items have inestimable heritage and historical value..."

"So much for lasting peace in the Middle East. It didn’t last one week."

Who did it?

"It was my great honor to destroy a very large DRUG-CARRYING SUBMARINE that was navigating towards..." 

What we know is that the economy will be deleveraged, beautifully or not. Nothing about the process will be fun. But we know it’s coming. Prepare while you can.