Honda Motor Co. shares fell the most in almost a year after warning investors that it faces as much as ¥2.5 trillion ($15.7 billion) in charges and a historic annual loss, joining a growing list of global brands battered by the rapid unraveling of the electric vehicle transition.
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Bloomberg
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This week, Steven Rattner of Willett Advisors explains why the US labor market is softening and what tariffs, AI and stagflation risk could mean next. And as Europe prepares to spend more on defense, Sweden is emerging as an unlikely but crucial player in the continent’s push. Plus, private credit’s advantages are becoming vulnerabilities as some investors try to get their money out. Later, Nepal’s Gen Z protests toppled a government, and now the country’s voters are trying to turn that uprising
While sitting for a "Bloomberg Money Stuff" podcast episode taping, Saba Capital Management CIO Boaz Weinstein speaks about private credit "infecting" public markets. (Source: Bloomberg)
A Blue Owl Capital Inc. private credit fund is urging investors to reject a share purchase offer led by Boaz Weinstein’s Saba Capital Management, saying the price is too low.
TD Securities believes now is the time for investors to consider taking on a little more risk and buying corporate bonds.