Oh Sh*t... This Just Happened

In the wake of Blue Owl’s shocking announcement last week basically trapping retail investors in a private credit fund they don’t want to be in, signs of fallout from it are trickling in. To begin with, private continues to sell off, Blue Owl especially. But it’s not just private ...  Show more

Walmart has been one of the few to benefit from the difficult economy the past few years. It’s gotten to the point where even high income earners have become regular Walmart shoppers. But here’s the thing, this week when forecasting earnings for the year ahead, now even Walmart i ...  Show more

Back in the 1970’s there was a very popular graphic of a Lincoln US one cent coin. The original coin on the back has the words engraved “In God we Trust”. The coin had been altered to say, in Oil we trust. 

At the time, that meme rang true as people were lining up at gas ...

The stock market crashed on August 5, in a new "Black Monday". What caused it? Is the USA on the verge of a new financial crisis? Ben Norton is joined by economist Michael Hudson to discuss the extreme volatility, AI / Big Tech bubble, Japanese yen carry trade unwind, Chinese eco ...  Show more

The market sinking after the Federal Reserve raised interest rates by 75 basis points and forecast more hikes in the future to fight inflation. Former National Economic Council Dirctor Gary Cohn weighs in on whether a recession is now more likely than a soft landing. Jefferies Ch ...  Show more

Sur fond de guerre commerciale à outrance et de dissensions au sein des pays membres de l’OPEP, le prix du pétrole a cassé un support technique majeur et enregistré une chute plus vue depuis la crise sanitaire. Le marché craint une récession économique mondiale, mais ce n’est qu’ ...  Show more