Tape Bombs, Ceasefire Hopes, Mega Cap Weakness, & Emerging Private Credit Stress

The first half of the day was fairly quiet, then a cornucopia of tape bombs hit, culminating after the close with Israel’s Channel 12 TV reporting that a ceasefire period of one month will be announced shortly. This afternoon, President Trump said: “The leaders are all gone, nobody knows who to talk to, but we’re…