Analysis
Private Credit Had Its First Stress Test — What Did It Prove?
Two large 2025 bankruptcies exposed how private credit marks risk, and the sector's response revealed both its resilience and its blind spots.
Analysis: What the Numbers Mean
Extended pieces following one change, a tariff or a shortage or a rate move, from origin to the company margin and consumer price it reaches.
Analysis
What Does an Inverted Yield Curve Actually Predict Anymore?
The 2022–2024 inversion ran longer than any on record without a declared recession, which makes this the right moment to re-read the signal's fine print.
Analysis
Is Index Concentration a Bigger Risk Than the Consensus Admits?
Ten companies now carry roughly two-fifths of the S&P 500, and the mechanics of passive investing transmit that weight directly into millions of portfolios.