Private Credit Is Making Bets on Consumer Debt at a Precarious Time

Jun 28, 2026 | Markets, Private Credit

Billions are flowing from firms like Blue Owl and KKR into Buy Now, Pay Later companies. It’s an untested model and skeptics are worried about what happens in a downturn. The private credit industry was dubbed “shadow banking” as it took business away from...

AI Rout Exposes Wall Street’s $270 Billion Speculation Machine

Jun 26, 2026 | Markets

This week’s tech rout did more than puncture one of the year’s hottest trades: it exposed the machinery of modern speculation — and how quickly it can work in reverse. A retail-fueled unwind in AI chip stocks reverberated through semiconductor shares across Asia and...

US Chipmaker Selloff Pushes Key Stock Indexes to Weekly Loss

Jun 26, 2026 | Markets

US stocks ended the week lower as ongoing weakness in chip stocks outweighed a survey showing cooler-than-expected inflation expectations and easing rate hike concerns. The S&P 500 fell 0.1% Friday to cap off its biggest weekly decline since the beginning of June...

Iron Ore Set for Seventh Straight Weekly Loss as Market Softens

Jun 25, 2026 | Markets

Iron ore headed for a seventh weekly loss — the worst run since 2022 — as demand weakened seasonally and mill margins narrowed. Futures for the steelmaking ingredient fell to $96.95 a ton in Singapore on Friday, the lowest intraday level since February. For the week,...

Private Credit Arbitrage Trade Gets Momentum as Redemptions Rise

Jun 25, 2026 | Markets, Private Credit

On paper, it seems like a no-brainer trade: Cash out of one private credit fund at 100% of net asset value and plow the money back into a similar vehicle that’s trading at a substantially discounted price. Like many things in the $1.8 trillion direct lending market,...