Warsh Forms Task Force to Review Fed’s $6.7 Trillion Balance Sheet

Jun 17, 2026 | Markets, Private Credit

Federal Reserve Chairman Kevin Warsh said he is appointing a task force to examine the central bank’s $6.7 trillion balance sheet, a first step in addressing a policy issue he has long criticized. Warsh said one of the independent task forces he is forming will...

War Drains Oil Inventories to Critically Low Level at US Hub

Jun 17, 2026 | Markets

Customers desperate for oil are draining so much of it from giant storage tanks in Oklahoma that producers are having trouble keeping up. Inventories at Cushing, the largest commercial crude oil storage hub in the US, have fallen for eight weeks in a row and now stand...

JPMorgan’s Michele Says Fed Market Message Is to Brace for Hikes

Jun 17, 2026 | Markets

JPMorgan Asset Management’s Bob Michele expressed surprise at the hawkish tilt from the Federal Open Market Committee under new Chairman Kevin Warsh, saying policymakers sense more risk from inflation pressures than Wall Street had expected. “Half the committee is...

US Manufacturing Output Stalls for the First Time This Year

Jun 15, 2026 | Markets

US manufacturing production stalled in May after four months of gains as a drop in chemical and petroleum output masked ongoing strength in categories tied to the data center boom. Factory output was little changed last month after an upwardly revised 0.7% advance in...

Private Markets Titans Fight Back in Court of Public Opinion

Jun 13, 2026 | Private Credit, Private Markets

Private capital’s problems are more perception than reality. Executives returned to that claim repeatedly this week, as they gathered in Berlin for SuperReturn, the leading European conference for the $11 trillion private equity and private credit industries....