Lombok

Trump says he will pause energy attacks for ten days at Iran’s request. Can’t wait for April fools day.

@MarcusPadley Isn’t that the case with All ETFs.

We continue to watch software stocks sell off and wonder if that sector has a sentiment issue or is in terminal decline. The answer is that surviving AI is a stock-by-stock debate, in which case any ETF covering software stocks or tech is going to include winners and losers. We need an ETF that includes "software stocks that will survive the AI threat" – an ETF that includes only the winners. We don't have one yet. $MSFT has become the poster child of the SaaSpocalypse – underperforming the other Big Tech stocks.

NEW: Kentucky family rejects $26 million offer to convert part of their farm into a data center despite the offer being about 10 times the going rate for farmland in the area. "If it's my way, I'll stay and hold and feed a nation. 26 million doesn't mean anything." "As long as I'm on this land, as long as it's feeding me, as long as it's taking care of me, there's nothing that can destroy me if I've got this land." Video: Local 12 WKRC

@lasseters_reef @John_Hempton Father

@John_Hempton Related?

Only a year ago Clayton Larcombe’s Pacific Partners was an AI powerhouse reshaping venture capital in the Middle East and beyond. Today liquidators have been appointed, Clayton's Bellevue Hill and Southern Highland properties (70m worth) are mortgagee sales and he has been charged with assault. It is a good story... ceo-middleeast.com/ceo/business/c…

@FunBrainFarts @John_Hempton Larcombe was never a star fund manager, yet the media courted him.

@John_Hempton His story sounds like Neil Woodford in the UK. Former star fund manager who ventured into parts they are not familiar with (venture capital, private market, illiquid micro caps) then it all comes crashing down Hubris of these people.

@MissAlly_01 Must be centrally located…..

Does anyone actually know where the middle of nowhere is?

@stokdog Yes, but not so old I can’t still hear the music that goes with it.

Are you this old

@DrCraigEmerson @SlipperySamOZ @RBAInfo The RBA was concerned about inflation before the gulf war and hike in fuels prices.

Unemployment is already 4.1% - not low. World oil price hikes will slow the economy further. The @RBAInfo can’t influence the price of oil. There is no wages breakout. Yet the cash rate has gone up. Wrong move.

@bowtiedstocks So why are they recommended?

Funds management is such a peculiar sector / industry, where 9 out of 10 participants manage to add negative value over the long term... And its the dirty secret that they all know to be true as well

@DudespostingWs So many comments about it being AFL rather than the act itself.

@MichaelWestBiz @korstraw Yes, but not on the frontline. It’s only Americans who lead.

No worries, the Aussies are coming to the rescue!

The royal commission into antisemitism has been thrown into crisis by the shock retirement of special adviser Dennis Richardson, who says he came to feel his contributions were unnecessary and he was overpaid for the work he was doing. Richard, a species bordering on extinction

@Mr_Derivatives Who let him out.

This is the CNBC clip today where Tom Lee says he sees $SPX hitting 7,300 in March. Yes +7.7% rise in 15 trading days. He then says a -20% bear market may show itself later this year.

R.I.P Aidan 🤍💫 You were the very best of us. Aidan rescued a 14 year old boy from being robbed & attacked from a gang of youths at Mernda Station & was murdered. Aidan is a Hero. He sacrificed his life to save another. My thoughts are with the Becker family. Aussies should not have to sacrifice our lives because of Government failures. These savages were known to Police & Labor have let this imported violent youth crisis get out of control. Enough is enough 😡

@PipandSammy You have over simplified it.

@beans1990 @bowtiedstocks Offer documents allow them to restrict payments, gate is there for all to see. It is the 2nd fund they have gated. Concern is negative sentiment spreads and the industry gates. If industry gates, who will refinance maturing loans? Lots to play out here.

@bowtiedstocks They only did this to one fund didn't they? It was the 26B private credit fund. They capped payouts at 5% and the rest is qued later. It sounds like liquidity management.

Anyone heard of this little investment firm outfit called Blackrock ? Well apparently they’re putting up some gates ‘Now is not the time to panic people, there is nothing to worry about here’

@BloombergTV Great analogy.

Marathon Asset Management Chair and CEO Bruce Richards explains why he thinks highly-leveraged software default rates could surge 15% alongside the #BloombergInvest conference in New York bloom.bg/3OMuZBO

@sonalibasak If the sector faces significant redemptions, who refinances the corporates?

LOOKING BEYOND THE GATES: Private credit BDCs are in the midst of closing up Q1 tender offers. Blackstone's BCRED allowed investors to redeem 7.9% of shares, above the 5.0% limit. Redemption requests in various parts of the industry could exceed thresholds over the coming quarters— our latest article what that may mean for private credit. icapital.com/insights/inves…

🔥🔥🔥 DO NOT BE DISTRACTED & STAY LOUD DONALD TRUMP IS GOING DOWN TRUMP & EPSTEIN ARE SEX TRAFFICKERS & I’m gonna post this every day so nobody forgets exactly who Pedophile Trump is and why the Epstein files have suddenly disappeared 🔥🔥🔥

Now that Obama’s poll numbers are in tailspin – watch for him to launch a strike in Libya or Iran. He is desperate.