HOLY SH*T! Now its Morgan Stanley...

HOLY SH*T! Now its Morgan Stanley...

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No One Is Talking About What Just Happened in Canada

A simply brutal reminder from Canada about the real state of the global economy. The Canadians backed up the US payroll number for February, except in Canada it was the largest loss of jobs since 2022. As one big bank economist put it, this is a “simply brutal” result. While ever ...  Show more

Oh Sh*t... Another $33B Private Credit Fund Is Blowing Up...

It is beginning to look more and more like a slow-motion shadow bank run. Yet another massive fund hit with largescale withdrawals. Not only that, the liquidity pressure also led to more asset sales. But those aren't even the worst of the day's news: that comes from JP Morgan and ...  Show more

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