Out Of The BDC, Into The CLO: World’s Largest Private Credit Fund Repacking Loans As Bonds Hoping To Find New Investors When a motley crew of private credit loans (mostly to software companies) are all mixed in and thrown together into a messy melange known as a Business Development Company, then quietly all go sour and spark a redemption run, what’s the frazzled investor to do? Why take them out of the melange, put them into a […]

The Ultimate Race Hoax Authored by Scott Greer via American Greatness, It was a case that captured the nation’s attention 20 years ago. In March of 2006, a black stripper accused three members of Duke University’s nearly all-white lacrosse team of rape. The only evidence for the crime was her own testimony, which changed repeatedly. It didn’t matter that every other eyewitness disputed the rape claim. An opportunistic […]

Pakistan Outraged At Being Called An Emerging Missile Threat To US By DNI Gabbard The US declared Pakistan a major non-NATO ally all the way back in 2004, but relations have soured at various points since then. But given Pakistan does indeed remain a close regional ally, which is also nuclear-armed, the country is outraged at Wednesday’s Senate Intelligence hearing wherein Director of National Intelligence (DNI) Tulsi Gabbard […]

Why Is Australia Not Already Rationing Fuel? Authored by ‘Fast Eddy’ via ‘The World according to Fast Eddy’ substack, I’m an Australian Wholesale Fuel Trader An insider’s explanation of what is going on… The commentary below was lifted from a Reddit post. Other than the issues I have already raised in previous articles How Is Iran Blocking and Mining Hormuz? And so it begins…. the question I am asking after reading this […]

Comey Subpoenaed For Alleged ‘Grand Conspiracy’ Against Trump Former FBI Director James Comey has been slapped with a subpoena as part of a wide-ranging case against Obama-Biden-era officials who helped frame Donald Trump is a Russian asset in a “grand conspiracy.”  The grand jury subpoena, issued last week by the U.S. Attorney’s Office for the Southern District of Florida, focuses on Comey’s role in the preparation of the […]

Disclosure? US Government Registers Aliens.gov Domain Authored by Steve Watson via Modernity.news, The momentum behind President Trump’s drive to expose hidden UAP files continues to build, now underscored by fresh reminders of why such secrets have been buried for decades. The Executive Office of the President has registered the aliens.gov domain, a quiet but unmistakable step toward a potential public portal for […]

Netanyahu Declares Iran’s Nuclear Program & Missile Production “Destroyed” – Denies Israel Influenced Trump Summary Netanyahu: Iran can no longer enrich Uranium; missile production destroyed; says Israel acted alone against Pars oil field; claims Trump was not influenced by Israel to go to war. F-35 stealth jet takes on Iranian fire, emergency landing: CNN Trump dials up threat, seeking leverage, denies approving […]

Kent Tells Tucker: ‘Imminent Threat’ Was From Israel, Not Iran; Ordered To Halt Charlie Kirk Investigation Joe Kent, former Director of the National Counterterrorism Center who was President Trump’s principal counterterrorism advisor, appeared on Tucker Carlson’s show to explain his side of the story after stepping down from the administration. Kent announced his resignation Tuesday, citing his opposition to the ongoing U.S. […]

SoCal Heat-Wave Prompts Health Warning Of High Bacteria Levels At Los Angeles Beaches Authored by Jack Phillips via The Epoch Times, Health officials warned that some Southern California beaches may be unsafe for swimming due to elevated bacterial levels this week amid elevated temperatures across the region. The Los Angeles County Department of Public Health on March 18 said that visitors should avoid swimming, surfing, or […]

Bezos Plots Colossal $100 Billion Fund To Transform Companies Using AI: WSJ Amazon founder Jeff Bezos is in early discussions to raise as much as $100 billion for a new investment vehicle aimed at acquiring and revitalizing manufacturing companies through the application of artificial intelligence, according to the Wall Street Journal. The proposed fund, described in investor materials as a “manufacturing transformation […]

Super Micro Co-Founder Arrested In Alleged $2.5 Billion Nvidia Chip Smuggling Scheme Federal prosecutors have charged a co-founder of Super Micro Computer Inc. and two associates with participating in a scheme to divert roughly $2.5 billion in advanced Nvidia chips to China, according to an indictment unsealed Thursday afternoon. The charges mark a notable escalation in Washington’s effort to police the flow of high-end […]

NASA May Shrink Boeing’s Moon-Mission Role While Handing SpaceX Core Rocket Responsibilities President Donald Trump’s NASA chief could soon announce Boeing’s diminishing role in returning astronauts to the Moon, while leaning heavily on Elon Musk’s SpaceX rocket company to do the heavy lifting. Boeing’s Space Launch System (SLS), originally the rocket backbone of the Artemis mission, would no longer carry the Lockheed Martin-built […]

Minnesota Audit: State Agency ‘Accidentally’ Blocked Kickback Investigation Into Autism Services Authored by Janice Hisle via The Epoch Times (emphasis ours), A state agency erred when it blocked autism-services kickbacks from being investigated—a decision based on the agency’s flawed, decades-old definition of “fraud,” according to a Minnesota audit released March 17. A view outside the Minnesota State Capitol building in […]

Obama Judge Strikes Down Ten Commandments In Arkansas Classrooms Authored by Zachary Stieber via The Epoch Times (emphasis ours), A federal judge has struck down a law in Arkansas that required the display of the Ten Commandments in classrooms, finding it violated children’s rights. U.S. District Judge Timothy Brooks (Obama) ruled on March 16 that not enjoining the law, Act 573, would violate the religious and Free Exercise […]

US Fast-Tracks Billions In ‘Emergency’ Arms Sales To Gulf, Bypassing Congress On the one hand President Trump and Pentagon chief Pete Hegseth have declared that America is ‘winning’ against Iran, having destroyed its navy and air defenses, and having seriously degraded its missiles – but on the other the admin has put in for a more than $200 billion supplemental request to Congress to fund the war. It seems Congress will likely […]

All This Fuss About A Fiat Dollar Authored by Jeff Thomas via InternationalMan.com, Throughout the First World, and, particularly in the US, there is an increasing consciousness that fiat currency, far from being the solution to economic problems, is, in fact, a cause of them. There are even those who, over the years, have predicted that the continued massive creation of fiat dollars may well lead to price controls, destruction […]

What Would A Bank Run Look Like Today? Authored by Jeffrey Tucker via The Epoch Times, The movie “It’s a Wonderful Life” (1946) features what is today the most famous bank run. It’s film and fiction, yes, but fits with a scenario that has been common for centuries. When the movie came out, the bank runs of 1930–1932 were very much in people’s memory. For older people, they remember the Panic of 1907. Before that, there […]

One Reason This Energy Shock Is Not Like The One 15-Years Ago Arend Kapteyn, the global head of economics and strategy research and chief economist at UBS, told clients that one key reason the current Middle East conflict-driven energy shock “is not like 2011-2014” will be the absence of a comparable response from the shale patch, suggesting consumers are more likely to bear the brunt of the pain.  Kapteyn noted that, on an […]

Costa Rica’s President Cuts Off Diplomatic Ties With Cuban Regime Authored by Kimberlyh Hayek via The Epoch Times (emphasis ours), Costa Rica’s President Rodrigo Chaves revealed Wednesday that his government has ceased recognizing the legitimacy of Cuba’s communist regime and ordered the Cuban embassy in San José to close. The Costa Rican embassy in Havana, Cuba, on March 18, 2026. Yamil Lage/AFP via Getty Images In a press […]

US LNG Export Terminals “Running Near Maximum” As MidEast Energy Infra Descends Into Chaos The attacks on upstream oil/gas assets across the Middle East this week sparked turmoil across global energy markets.  Israel set off the chain reaction with its attack on Iran’s South Pars gas field on Wednesday morning, followed by Iran’s retaliatory strikes on Qatar’s LNG plant, Saudi Arabia’s Red Sea export hub, and other targets across […]

Leaks Allege Drones Spotted Over Base Where Rubio, Hegseth Live Unidentified drones were allegedly detected above the Washington Army base where Secretary of State Marco Rubio and Defense Secretary Pete Hegseth live, according to three insiders who leaked the information to the Washington Post. Officials were unable to determine where they originated, two of the leakers said.  Multiple drones were allegedly spotted […]

Some US Airports Face Possible Closure If Government Shutdown Prolongs: TSA Official Authored by Aldgra Fredly via The Epoch Times, Some U.S. airports may be forced to close down if lawmakers fail to reach a deal to fund the Department of Homeland Security (DHS) and end the partial government shutdown, a Transportation Security Administration (TSA) official said on March 17. Acting Deputy TSA Administrator Adam Stahl told Fox […]

Another 2008 Analog: Goldman, JPM Offering Hedge Funds Ways To Short Private Credit The big story last week, a narrative which we may have inadvertently started, was the recurring comparison across various sellside desks (and quite a few buysiders) of the current double crisis (private credit as an analog to the subprime crisis of 2007/2008 coupled with soaring oil prices which peaked at just below $150 in the summer of 2008 before […]

US Energy Sec Confirms No Plans For Oil Or Gas Export Bans Update (1335ET): US Energy Secretary Chris Wright has confirmed, through a statement he posted on X that the US will not be baning oil or gas exports… Thanks to @POTUS, the United States is the world’s top oil and natural gas producer. We are also the largest natural gas exporter and a top oil exporter. To be clear, the Trump administration has no plan to […]

China Buys Gold For 16th Straight Month, Wall Street Sells As Retail Loads The Bullion Boat For the 16th month in a row, China bought gold into reserves in February even as bullion prices hovered near record highs. The People’s Bank of China (PBOC) added another 30,000 troy ounces last month, lifting official reserves to approximately 2,309 metric tonnes (74.22 million ounces), valued at $388 billion. This represents roughly 9-10% […]