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Fearless commentary on finance, economics, politics and power
~ Today’s Water Cooler: Politics, Syndemics;
Democrat bedwetting; messaging disasters:
Walz oppo bubbles up, not yet popped;
Labor Secretary Su flies to Seattle, Boeing’s doom loop ~
Private Equity Pummeled by Higher Interest Rates as Portfolio Companies and Credit Funds Struggle; Use of PIK Loans Now Recalls Late 1980s LBO Crisis
More and more private equity and private credit deals are looking over-extended. How bad might things get?
Millions in US Toiling Under This Imposed Housing Crisis Need One Thing: Straight-Up Cash
The real-life stories of Americans moving through eviction court show that what most struggling families really need is simple: money.
Book Review: How Much Can Animals Really Communicate?
In “Why Animals Talk,” zoologist Arik Kershenbaum argues that knowing what animals are saying is less crucial than why.
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