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Investors are ditching all-weather earnings for anything promising better prospects while uncertainty still looms.
MEMBER CUT — VULGAR tier
Vulgar-tier piece: sharper than the public archive, ad-free when signed in, and part of the member cut.
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Wanted a 60-day delay to poke around the merger. Lasted about as long as a corporate ethics seminar.
Blue Owl's latest quarter shows investors treating private credit like a sinking ship with no lifeboats.
Bad employment data gets spun as victory because it means the federal hammer might stay in the toolbox.
Managers zeroing in on one specific slice of the bond market to survive the new regime sounds less like strategy and more like panicked guessing.