Thanks for the explanation. Is private credit largely unregulated and riskier, and therefore carries a higher interest rate? I'm also assuming private credit is a much smaller total dollar amount, than what was at risk during the housing bubble. Is that correct?
Boaz Weinstein warns private credit problems are multiplying by the quarter
https://www.cnbc.com/2026/03/10/saba-capitals-boaz-weinstein-warns-private-credit-problems-are-multiplying.html?__source=androidappshare
This seems to be similar to the 2008 housing bubble in that these investments are...
Sendek's Santa Clara Broncos beat St Mary's last night in the semi-finals of the WCC tourney and will face Gonzaga in the finals. That likely ensures Santa Clara gets into the NCAA tournament (and is bad news for other bubble teams). BTW, Santa Clara has an interesting 6'9 freshman who plays...
A gallon of gasoline goes up about two and a half cents for each dollar increase in a barrel of oil. A $25 increase per barrel of oil would indicate an increase of $0.50-0.75/gallon at the pump.
Pay attention to the price of diesel.
Gas prices are up $0.47/gal (16%), but diesel is up $0.84/gal...
Thanks for writing that.
I'm thankful for college basketball, because that's what gets me through the short, dreary days and long, frigid nights of winter, but I don't take as much pleasure or feel as much pain as years past. I don't know if it's NIL/portal, or age, or trump's election in 2016...