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Featured AlphaTack Intel Article
Goldman Sachs Private Credit Fund Dodges Exodus With 4.999% Redemptions
A Goldman Sachs Group Inc. private credit fund said investors sought to pull just under 5% of their cash in the first quarter, narrowly escaping a broader exodus that has forced peers to cap withdrawals. The $15.7 billion Goldman Sachs Private Credit Corp., which...
– AlphaTack Intel Articles –
Fed’s Barr Says Regulators Are Eyeing Commercial Real Estate Risk
Fed asking if lenders have done enough to brace for bad loans Central bank steps up pace of issuing findings and downgrades US regulators are “closely focused” on risks in commercial real estate loans, and have stepped up downgrades of supervisory ratings on lenders...
Family offices are going on the offensive, trading cash for alternative assets
KKR’s family office survey of 75 chief investment officers around the world found that family offices will have 52% of their portfolios invested in alternative investments this year, up from 42% in 2022. Cash holdings fell from 11% to 9% from 2022 to 2023, and their...
US Retail Sales Drop by Most in Nearly a Year After Holidays
Value of purchases dropped 0.8% in January after down revision Building material stores, auto dealers led the decline US retail sales broadly declined in January, indicating consumers took a breather after a strong holiday shopping season. The value of retail...
US Retail Sales Plunged In January, Worst YoY Growth Since COVID Lockdown
As we detailed in our preview for premium subscribers, if the omniscient analyst at BofA are right this morning, the fecal matter is about to hit the rotating object as they saw retail sales declining bigly (more than expected) in January judging by real-time credit...
Boston Faces $1 Billion Tax Deficit From Faltering Office Market
City disproportionately hit by properties due to tax system Report calls for value of office space to dip by 20% to 30% Tumbling market values for office buildings are poised to cost Boston more than $1 billion in tax revenue over the next five years, as the pitfalls...
Michael Burry Adds to China Big Tech Wager as Stock Rout Deepens
Alibaba, JD.com are Scion’s top holdings after stakes boosted Firm reopened positions in companies in the third quarter Michael Burry, the money manager made famous in the Big Short, added to wagers on Chinese tech giants Alibaba Group Holding Ltd. and JD.com Inc. in...