
Apollo caps investor withdrawals from flagship private credit fund ft.trib.al/kW9jTm6
Arno Grüter
3.4K posts

@arnogrueter
Vermögensverwalter und -Berater | Vorsteher Finanzen, Cham/ZG | Verwaltungsrat \ Reality bites

Apollo caps investor withdrawals from flagship private credit fund ft.trib.al/kW9jTm6










What just happened? At 2:30 PM ET today, CBS News reported that President Trump was considering "boots on the ground" in Iran. Then, at 3:43 PM ET, President Trump said "I don't want to do a ceasefire with Iran," with the S&P 500 hitting a new 2026 low. Exactly 90 minutes later, at 5:13 PM ET, President Trump said the US is "considering winding down" the war with Iran. Between the 3:43 PM ET and 5:13 PM ET comments, the S&P 500 had already risen nearly +1% on NO news. By 6:15 PM ET, the S&P 500 rallied +1.8% from its low, adding +$900 BILLION in market cap. Markets are now closed until Monday.


A gold slump based on fears of central banks hiking rates and selling reserves shows a misunderstanding of how the monetary policy system works. A gold slump based on fears of a recession is even less justified. Any answer to today's risks will be more currency printing, not tighter policy. via Bloomberg



