The belated CLO ETF stress test – Financial Times

It’s not just stock and fees. The corporate debt market is alsoIppy“recently. And one corner to keep an eye on is exchanged, traded funds that invest in secured loan obligations. The CLO ETF has exploded in popularity over the past few years, bringing the total assets of a small number of funds to $300 billion, […]
A belated valentine to Transportation Secretary Sean Duffy

Valentine's Day has creeped up to me this year. So, this article should consider a love letter on behalf of American drivers everywhere. “The American people deserve an efficient, safe and growth-promoting transport system based on sound decisions, not political ideology.” Duffy won our hearts on the first day that removed the strict fossil fuel […]
A belated defense of Brit Hume

Here’s a story older than Joe Biden. it is PolitiFact “Fact Check” Brit Hume’s book from four years ago. In retrospect, it’s a perfect example of how the media gaslights its readers while pretending to claim truth. I worked with Brit Hume at Fox News for nearly 35 years, and in hundreds of staff meetings […]
Blinken meets Zelensky in Kyiv as US races to rush belated aid to beleaguered Ukrainian forces

BLINKEN: UKRAINE IN A TOUGH SPOT: After traveling covertly overnight by train from Poland, Secretary of State Antony Blinken arrived in Kyiv this morning for meetings with Ukraine’s president and other senior officials to deliver a message of reassurance as Ukraine is facing serious challenges from an aggressive new Russian offensive that is threatening to […]