Private credit or private debt?

Private credit or private debt?

The news broke on February 19 in the FT: private credit group Blue Owl will permanently limit investors’ ability to withdraw their money from its inaugural private retail debt fund, backtracking on a previous plan to reopen redemptions this quarter. As a result,...
₿: the new gold reserve for central banks

₿: the new gold reserve for central banks

It is not only the US that wants to accumulate Bitcoin as a Fed reserve. Brazil, too, with RESBit (Reserva Estratégica Soberana de Bitcoin), a bill presented to the Brazilian Congress in 2026, intends to authorise the state to accumulate up to 1 million BTC in 5 years...
Fusion or illusion?

Fusion or illusion?

Last Wednesday, the Financial Times published an article documenting a sharp increase in private investment in nuclear fusion: in 2025, 43 rounds of financing were recorded for $2.3 billion, the highest level since 2021. The reason is simple: investors believe that...
Precious metals: is the party over?

Precious metals: is the party over?

Last Friday was definitely a black Friday for precious metals. Here are a couple of figures:Silver: -30% from its peak in a few days (typical meme-stock drawdown)Gold: -15/16%, a more moderate but significant movement for a safe-haven assetPlatinum: recorded a decline...