"Just own Bitcoin." "Just own Ethereum." "Just own the S&P." The problem isn't conviction - it's concentration. Correlations tend to rise when risk shows up. #CryptoMarket $SLV $ETHA $GLD $UUP #Bitcoin

Been pitched private credit lately? That often coincides with periods when credit spreads are already tight. Right now, spreads are near historically compressed levels. In those environments, investors are typically taking materially more credit risk for limited incremental

Just some food for thought as we go into the weekend. A little update on the January Barometer. $SPY #SPX #StockMarketInvesting

Some updated levels on $SLV and #Silver. Trading in a congestion zone. RSI now below 50. Be patient on this investment. Let the price action lead. Trying to anticipate the next move can be very risky when one considers the volatility. #silvercrash

Years of domestic equity outperformance may be lead by years of international stock outperformance. Just something to think about. #investing #internationalstocks

$SLV continues to be volatile. #RSI is now showing a potential resistance at 50. Continue to be patient with this. #silvercrash #silver

Looking forward to Future Proof in a few weeks. Michael Batnick and Matt Middleton break down why the event is so different. youtu.be/WtbOEieye-s

I am going to say that this is aging well, unfortunately. $owl is gating redemptions. I have been pounding the table on this. published by Financial Times #privatecredit #privateequity

Ignore the news at your own risk. Is news getting better or worse right now for private credit? Do we usually see gating in strong markets with inflows? Or is it where investors are pulling their money? Michael A. Gayed, CFA has been on top of macro cycles before.