U.S Hormuz, Kharg Island landing next..? / Brent <$100 / #KRE 200dma / Private markets - Apollo / FED ce soir
- sc0172
- Mar 18
- 3 min read
Markets : The Trump team intends to deploy troops to the shores of Iran for "sea control" on Kharg Island.....Brent drops, Iraq agreed with Kurdistan to resume oil exports through a pipeline in the semi-autonomous region, a boost for OPEC’s second-largest producer after the closure of the Strait of Hormuz forced output cuts, the shipments will resume on Wednesday at 10 a.m. local time, the Kurdish Rudaw news service reported, citing Iraqi Oil Minister Hayyan Abdul-Ghani, Kurdistan’s government confirmed the resumption in a statement, US retail average diesel prices have topped the $5-per-gallon barrier for the 2nd time ever, the Bypass fails: UAE slashes Oil prod by 50% as Fujairah shuts down, leveraged loans used to recover ~80 cents in a bankruptcy (that’s sunk to 60), #KRE below 200dma, U.S mortgage rates surge to 6.86% — highest level since last Nov, Artificial intelligence is making the world more unpredictable, Nvidia restarts manufacturing of AI chips for China, Six months before the Trump admin began bombing Iran, the Department of State fired its oil and gas experts (shocking..) >>> Eq markets 'want' to squeeze higher, lower vols, lower crude should help shake short-term positioning in long crude, long usd, long vols, short equity...
#JPY Japan wage talks point to 5% hike for third straight year. Increase would mark first such streak in 35 years, pending final tallies
One theory is that Trump may have genuinely believed (wrongly) that winning in Iran would give him a leg-up on China in the negotiations, and he's delaying the trip because it went the opposite way and he'd be negotiating - from his standpoint - from a position of weakness... #miscalculated #badlyadvised #randomdecision
In BofA's latest fund manager survey, cash levels jumped from 3.4% last month to 4.3% in March, the biggest increase since the pandemic, "Global growth optimism slumps to net 7% from 39%, inflation expectations jump to net 45% from 9%, rate cut optimism lowest since Feb'23; but no one pricing in recession:"
Malaysia becomes first country to declare US trade deal 'null and void' after Supreme Court tariff ruling, the first of many ?...
KKR Co-CEO: “The largest 100 U.S. companies in the United States have seen their margins expand materially in the last 5 years, 14% to 19%. The next 1,400 companies have had their margins flat and are working to stay even.“
No wonder when you spent best part of year telling them all how useless they were...
ABSOLUTELY top planning !
Malaysie the first of many more to come ?...
"Asked what kind of recovery rates he anticipates on a private-credit loan to a generic small or midsize “Joe Software Company,” Zito said: “Joe Software Company, if he’s in the wrong place, I think is going to recover somewhere between 20 and 40 cents.”
Illiquid Insights on X: "Competition in direct lending has inflated EBITDA addbacks. 5.0x leverage today is very different from a decade ago. https://t.co/4dZxiFRLs1" / X
Illiquid Insights on X: "1L leveraged loans used to recover ~80 cents in a bankruptcy. That’s sunk to 60. Weaker docs and less junior debt are squeezing recoveries. https://t.co/wOFFDuorcj" / X
Not everything ever goes up in price, whoever taught this to people.. maybe a little naiver to believe this too... the real issue is 'service charge ...and taxes'...which have become quite ridiculous in parts of London.. >> END leasehold !!
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