Citadel’s Global Fixed Income fund and Taula are among the hedge funds worst hit by last week’s market turmoil, while D.E. Shaw & Co.’s two main vehicles were a rare bright spot in the industry.
Here's all the latest numbers collected by Nishant Kumar @nishantkumar07 / Bloomberg
A toxic cocktail for financial markets?
1) Iran war put downward pressure on global economic growth and upward pressure on global inflation: 2) US labor market continues to weaken 3) The Fed has less leeway to cut rates because of rising inflationary pressure (and despite weakening labor market and weakening growth) 4) Some investors start to lose confidence in some Private Credit Funds as banks are forced to mark down their bad credit exposure. All of them are manageable separately. But the mix is not easy to deal with...
U.S. Presidents on Fiscal Responsibility
“The Federal Government cannot continue to spend more money than it takes in.” – Jimmy Carter (1978) “For decades we have piled deficit upon deficit, mortgaging our future and our children's future.” – Ronald Reagan (1981) “We must bring the Federal budget deficit under control.” – George H.W. Bush (1989) “We must put our fiscal house in order.” – Bill Clinton (1993) “We can pay down a large portion of the national debt.” – George W. Bush (2001) “Families across the country are tightening their belts … the federal government should do the same.” – Barack Obama (2010) “We will start to balance our budget and pay down our debt.” – Donald Trump (2016) “My plan will reduce the deficit.” – Joe Biden (2022) “We will balance the federal budget.” – Donald Trump (2024) Charlie Bilello
The history of WTI Crude oil geopolitical spikes
Source: Evan @StockMKTNewz Leverage Shares
What part of the credit cycle is this ?
Source: Citrini
The most dangerous weapon at sea is not a missile, submarine, or aircraft carrier.
Naval mines cheap, hard to detect, and highly effective are a major threat to shipping, especially around the Strait of Hormuz. Types include drifting, contact, moored, influence, bottom, self-burying, and rising torpedo mines. Even a few mines can disrupt global trade by making critical sea routes too dangerous for vessels to cross. Source: Rand Group on X
WAR AND EQUITY MARKETS - THE LONG VIEW
Source: Charlie Biello
Is it the most important chart to consider right now?
Source: BofA
