It could be 2008 all over again

Blue Owl Capital - problems

This is not yet a repeat of 2008. But dismissing it as a nonevent would be a mistake.

Cracks appearing in the private-credit market shouldn’t be ignored.

What happened at Blue Owl should grab every investor’s attention.

https://www.morningstar.com/news/marketwatch/20260307197/blue-owls-private-credit-stumble-revives-fears-of-another-bear-stearns-moment

Market Financial Solutions

When Market Financial Solutions applied to enter administration on February 20, it did so with all the understatement of a company trying to outrun its own shadow. The Mayfair-based bridging lender, which had built a £2.4 billion loan book over nearly two decades of specialist property finance, described the crisis as a “procedural matter” with its primary banking provider. Within days, the High Court had approved its formal insolvency, creditors had alleged fraud on a staggering scale, and some of Wall Street’s most sophisticated firms were left counting their exposure to a company that, as recently as March 2025, had received a clean audit and posted record profits.

Blackrock impose gating clause on withdrawals

BlackRock $26 Billion Private Credit Fund Limits Withdrawals

Treasury yields spiking as is the price of oil. Strangely people usually rush to government bonds at times of war, but not this time

6 Likes

I want to know what they are fleeing to instead.

2 Likes

Where to Invest As Iran War Hits Global Stock Markets

Oil stocks and shipping firms are surging amid the Iran conflict, but some tech companies may offer better long-term opportunities.

https://global.morningstar.com/en-nd/markets/where-invest-iran-war-hits-global-stock-markets

I imagine physical gold and silver would be popular as well