Friday, November 27, 2020

The Biden Stock Market Off to a Roaring Start

The stock market is fickle, frequently irrational and increasingly disconnected from the economy it is supposed to reflect...but for anyone keeping score (and the Trump Administration certainly did), the S&P 500's current post-election performance is the one of the best ever:

  

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Private Credit Teeters on the Edge

In our last post we wrote about the cracks in private credit that began to show in February. A large swath of semi-liquid, non-traded BDCs,...

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