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"Unprecedented" Withdrawal Requests Now Hitting Private Credit Submitted by QTR's Fringe Finance Late last week it was reported that one private credit company has effectively frozen up under a wave of redemption requests, an abrupt liquidity crunch that will likely do lasting damage to what little credibility it still had with investors. This is exactly the kind of stress event I’ve been expecting ever since I flagged that psychology in the private credit space was starting to break—and I still believe conditions in private credit will get worse before they get better.

DOE FY27 Budget Requests $45 Billion in Nuclear Funding The White House fiscal year 2027 budget proposal has requested almost $54 billion for the Department of Energy in fiscal year 2027, with almost 80% of that funding going towards nuclear energy and nuclear deterrent programs. The funding request represents a nearly $5 billion increase from 2026 levels.

Eisen Vs Every 'Trumper': There Is Quite A Battle Shaping-Up... Authored by James Howard Kunstler, The Red Line "The ends must justify the means — the only question is what means are necessary." - Saul Alinsky Why do the news anchor ladies of CNN, Erin Burnett, Kate Bolduan, always look so depressed on the air? They never smile. Their faces always register something between grave concern and hysteria. Is it the network’s cratered ratings? The pending hostile takeover by Paramount / Skydance (led by conservative David Ellison)? Too much botox, zombifying the small facial muscles? Or i

Global Plastics Supply Chains Further Pressured As Abu Dhabi Petrochemicals Plant "Suspended" After Attack One of the UAE's key petrochemical hubs halted operations early Sunday after falling debris from an air-defense interception sparked multiple fires. The incident adds to a growing list of disruptions across Gulf petrochemical infrastructure, highlighting major risks and potential incoming disruptions to the global supply chain for critical inputs used to make plastics.  Abu Dhabi authorities are responding to multiple fires in Borouge petrochemicals plant, caused by falling debris following successful interceptions by air defence systems. Operations at the facility have been

'Open The F**kin' Strait': Trump Threatens To 'Blow Everything Up' If No Iran Deal By Tuesday Summary:  Trump offers Iranian negotiators amnesty, threatens to 'blow everything up' if no deal IEA Head warns Asia (implying Beijing) is panic hoarding fuel Trump warns Iran 'Open the Fuckin' Strait' or "you'll be living in hell' Trump Talks With Fox Reporter About US-Iran Negotiations  Shortly after President Trump wrote on Truth Social, "Open the Fuckin' Strait, you crazy bastards, or you'll be living in Hell - JUST WATCH! Praise be to Allah," the president spoke with Fo

The Reflexive Rally Was Not Surprising Authored by Lance Roberts via RealInvestmentAdvice.com, The market rallied on Tuesday and Wednesday, with Tuesday’s rally one of the best trading days since 2022. However, that should also be unsurprising, since the best trading days tend to cluster with the worst market periods. As we noted in Stock Market Breadth on Monday: “The single most damaging decision most investors make during periods of falling stock market breadth is selling. The data o

Third Order Effects Begin: U.S. Airlines Hike Bag Fees As Jet Fuel Prices Spike The New York Harbor jet fuel benchmark has doubled in just five weeks as the aviation fuel crisis spreads from airport to airport worldwide following ongoing disruptions at the Hormuz chokepoint. The third-order effects of that energy shock began to materialize this past week, with major U.S. airlines raising checked-bag fees to offset soaring fuel costs.  United Airlines and JetBlue Airways, two major U.S. carriers, raised checked-baggage fees for domestic travel this week as they begin to figure out ways to address the impact of surging jet fuel prices without causing ticket sticker shock for customers. On Monday, JetBlue raised first-checked-bag prices by $4 to $9, dep

"WE GOT HIM!": Trump Says As 2nd Downed Pilot Recovered In High Risk Iran Special Forces Raid After 'Dicey' Firefight Summary Second downed pilot recovered after US Special Forces raid and firefight inside Iran. Fire Breaks Out At Kuwait Oil Ministry Complex After Iran Drone Strike President Trump reminds Iran of deal timeline, threatens "all hell will reign down" if time runs out. Israel launched heavy strikes on Tehran, targeting Iranian air-defense and ballistic-missile sites, while a projectile also hit the perimeter of Iran's Bushehr nuclear plant The U.S. mili

Czech Government Caps Fuel Prices And Cuts Diesel Tax To Combat Surging Costs At The Pump By Thomas Brooke of RMX news, The Czech government has moved to cap fuel prices and slash diesel taxes in an effort to curb rising costs due to the ongoing international energy crisis, announcing a system that will see the state set maximum daily prices for fuel across the country.

All German Men Aged 17-45 Must Now Obtain Army Approval For Trips Abroad Lasting Over 3 Months All German men aged between 17 and 45 now need approval from the Bundeswehr - i.e., the German army - for longer stays abroad. Under the new Military Service Act, this applies to trips abroad lasting more than three months, the Defence Ministry has announced. The daily Frankfurter Rundschau was the first to report on the change. The rule is part of what is known as the Military Service Modernisation Act, which came into force on 1 January 2026. The law is intended to ensure that the Bundeswehr is fit for the future in terms of personnel and organization. Plans in