“Wall Street analysts, who generally approved of Blue Owl's loan sale, still aren't worried about the firm or the wider private credit industry having significant credit problems”… perfect! finance.yahoo.com/news/we-are-co…

USD/CNY pretty much flat today... with crude up over 6.5% rn

In the chart below we can see that the MOVE index (bond market implied vol) shot up and took over as the fastest moving metric. The drawdown in the S&P 500 reached 7.6% last week, which is not that big a deal (so far) by historical standards. Robust earnings growth is masking

Dispersion readings vary significantly at the sector level. At the extreme end are the Growth sectors of Technology and Communication Services. Driven by the Software selloff in February, dispersion for Technology has jumped to the second highest on record behind only 2000.

"He reiterated that point in September as well, saying that Chinese players face 'no real competition from Tesla, GM, or Ford' because of the strength of their products." businessinsider.com/ford-ceo-jim-f….