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Stocks and bonds at odds: Stock market bets on slowing growth, while bond market braces against surging inflation.

Stocks and bonds at odds: Stock market bets on slowing growth, while bond market braces against surging inflation.

``` Under the shock of the Iran war, European and American financial markets are witnessing a rare internal contest. The bond market is pricing inflation risk at a multi-year high, anticipating an imminent rate hike cycle, while the stock market’s performance suggests that economic slowdown will suppress interest rates or

Moody's warning: The "last line of defense" for junk loans is being breached, and protective covenants are virtually nonexistent.

Moody's warning: The "last line of defense" for junk loans is being breached, and protective covenants are virtually nonexistent.

``` Intense competition is dismantling the last line of defense in the junk loan market. As lenders race to provide financing for mergers and acquisitions, maintenance covenant terms continue to loosen, and credit risk exposure is quietly expanding. According to Moody’s Analytics, among over a hundred leveraged loan samples executed

Unafraid of the PE winter, KKR closes fundraising for its $23 billion North America fund, setting an industry record for scale.

Unafraid of the PE winter, KKR closes fundraising for its $23 billion North America fund, setting an industry record for scale.

``` KKR defied the industry downturn and completed the largest fundraising in its history. According to Bloomberg, KKR’s North America Fund XIV ultimately raised about $23 billion, surpassing its previous target of $20 billion. This makes it not only KKR’s largest single fund across all strategies, but also the

Computing Power in Crisis! SemiAnalysis In-Depth Review: From GPUs to Memory to Optical Fiber, the AI Supply Chain Is Fully Stretched and Prices Are Rising Across the Board

Computing Power in Crisis! SemiAnalysis In-Depth Review: From GPUs to Memory to Optical Fiber, the AI Supply Chain Is Fully Stretched and Prices Are Rising Across the Board

The explosive growth in AI computing power demand is pushing the entire supply chain to its limits. From GPU rental to DRAM memory, from fiber optic cables to data center hosting, prices have soared across the board in just a few months, while supply is almost nowhere to be found.

BlackRock increases short positions in German bonds: warns that a "sharp rebound" in inflation will drive up financing costs

BlackRock increases short positions in German bonds: warns that a "sharp rebound" in inflation will drive up financing costs

``` German government bonds are facing bearish bets from the world’s largest asset management company. BlackRock’s funds have significantly increased their short positions in German bonds, betting that surging European inflation will push yields beyond last week’s 15-year highs. According to Bloomberg, Tom Becker, manager of BlackRock’s

AI hits white-collar workers! U.S. corporate layoffs surge in March, tech sector hardest hit

AI hits white-collar workers! U.S. corporate layoffs surge in March, tech sector hardest hit

Artificial intelligence is accelerating the reshaping of the U.S. labor market landscape. According to a report released Thursday by employment placement agency Challenger, Gray & Christmas Inc., U.S. companies announced 60,620 layoffs in March, a surge of more than 25% compared to February. The technology sector led

Market rebound failed; what should be done next from a technical perspective?

Market rebound failed; what should be done next from a technical perspective?

``` The brief rebound in US stocks faced a “clean exit” at critical resistance levels, and structural risks in the market are building up. The S&P 500 index and the Nasdaq both turned downward at technical resistance, with market makers holding highly bearish positions and liquidity continuing to deteriorate.