The System That Replaced Banks The current stress in private credit is best understood by starting at its core. Business development companies were not built as opportunistic yield vehicles. They were created to solve a structural gap in the U.S.…
A significant yet often overlooked transformation is reshaping the global financial landscape: the emergence and rapid growth of stablecoins. These digital assets, usually tied to the value of the US dollar, offer a stable alternative to highly volatile cryptocurrencies. They…
Private equity (PE) remains one of the most dynamic and influential forces in global capital markets. From fueling innovation in fast-growing startups to transforming legacy corporations, PE firms employ a range of investment strategies tailored to different company stages, market…
As Treasury is looking to refinance significant portion of it’s short term treasuries, investors demand will remain a question. It was mentioned multiple times over last tow years that China significantly reduced their treasury holdings. More recently we seen Japan…
Investors entered the past year optimistic that micro-cap stocks would experience a significant rally, driven by expectations of economic resilience, supportive monetary policy shifts to monetary easing, and attractive valuations. However, the much-anticipated micro-cap resurgence failed to materialize, leaving investors…
There is the interesting return of a debate about share buybacks, as they have reached new all-time records, amounting to USD 1 trillion in 2024 and contributed to the US budget USD 7.4 billion through taxes on buybacks introduced in…
REITs (Real Estate Investment Trusts) offer investors an attractive combination of income, diversification, and potential capital appreciation. As of the end of 2024 and the start of 2025, many REITs are trading at multiples significantly lower than historical averages. Valuations…
Investors often go through period of hightened risk aversion and focus too much on avoid losses while ignoring the opportunties. Ther are many reason that can motivate investor to stay out of the market, including: Whichever reason overly risk averse…