Stress in the US tech credit market is surging:
14.5% of tech loans are now distressed, the highest since the 2022 bear market.
At the same time, the tech bond distressed ratio is up to 9.5%, the highest since Q4 2023.
These metrics show the portion of loans and bonds that are
Investors are flooding into international stock funds:
International equity ETFs attracted a record +$51.6 billion in inflows in January.
This marks the 5th consecutive monthly increase and the 17th straight month of inflows.
It also marks just the 2nd month on record where
Hard to ignore this one
Sen. Shelley Moore Capito (R) just bought Mastercard $MA
Meanwhile, the Credit Card Competition Act is currently active in the Senate
And the bill directly targets the fees Mastercard charges every store
At the same time, Capito sits on the Commerce
Well would you look at that...
Senator John Boozman (R) bought Nvidia $NVDA and Microsoft $MSFT in March
He sits on the Senate Appropriations Committee, which controls Pentagon AI spending and federal tech contracts
This comes as Microsoft holds one of the largest DoD cloud