Keep pulling the thread on Donald Trump.
Approximately $1.5 billion in S&P futures were purchased and $192 million in oil futures were sold five minutes before President Trump announced productive conversations with Tehran.
A series of futures trades placed five minutes before a presidential announcement regarding Iran netted a profit of $60 million.
The Financial Times flagged $580 million in crude oil futures that were traded 14 minutes before President Trump's announcement about conversations with Iran.
Anthony Scaramucci alleges that on October 10th, traders shorted both the general market and the crypto market about an hour before a tweet regarding a rare earth minerals dispute with China was published.
The head of enforcement at the SEC, Margaret Ryan, resigned because she claimed she could not get the agency to focus on investigating alleged insider trading.
Democratic Representative Kelly Morrison purchased stock in Saronic Technologies, an autonomous warship company, nine days after the war with Iran began and as the Navy was awarding contracts to the company.
The 2012 STOCK Act, which prohibited the use of non-public information for trading by members of Congress, was effectively reversed by a subsequent voice vote.
Aries Management and Apollo Global Management capped investor withdrawals from their private credit funds at 5% after receiving redemption requests exceeding 11%.
Moody's downgraded a private credit fund jointly run by KKR and Future Standard to junk status, citing a worsening of the fund's asset quality compared to its peers.
On Tuesday, a wave of fear in the private credit market resulted in a combined market capitalization loss of over $10 billion for Aries, Apollo, Blackstone, and KKR.
The private credit market has grown from a $300 billion per year market 10 years ago to nearly a $2 trillion per year market today.
The KKR private credit fund was downgraded by Moody's because its non-accrual rate reached 5.5%, which is likely the highest in the industry.