1. CoreWeave Bond Yield Hit 15% Yesterday
Social Capital
2. CRWV Debt Issues
Perplexity
3. CoreWeave Debt Spike + Cancelled IPOs
4. Yesterday Selloff Breadth…241 Stocks Up on Day
5. Three Years Since 2021 50%+ Energy Sector Rallies
Bespoke
6. Stock Buybacks in Peak Blackout Period….Buybacks Re-Start November
Buybacks. “We are currently in peak earnings blackout, with just 24% of S&P 500 index weight outside repurchase blackout windows. That figure rises to ~55% by month-end, ~75% by November 3 (Midterm Election Day), and ~85% by November 9, as companies report earnings and trading windows reopen.”
7. Private Equity Frims Raised $222B YTD vs. $330B 2025
Higher Rates Are Coming for Private Equity—and Smaller Firms Are Already Hurting
Firms facing employee turnover as hopes for payouts dim amid sluggish exits
By Mark Maurer
WSJ
8. Where Governments Spend? France 57% of GDP on Government Services
Financial Times
9. Housing Supply Moves Back to 25-Year Average
Nick Gerli
10. Addressing Fear-Seth’s Blog
Don’t bring a spreadsheet to a fear fight.
Change causes fear. And change is all around us.
The fear of the unknown. The fear of failure. The fear of uncertainty.
Mostly, we’d like safety. And when the world changes, safety feels like it’s in short supply.
One reason we have security theatre is that the performance of security often creates more of the feeling we seek than actual safety.
Taking your shoes off before you enter the airport. Installing a giant, clunky, loud, armored garage door. Viewing strangers with suspicion. Using false proxies and useless shortcuts to insulate ourselves (or seek to do so) from the changes and the unknowns we fear.
Statistics rarely overcome stories.
So what does?
Familiarity. And conversation.
“What would make you feel safe?” is a different approach than “there’s nothing to be afraid of.”
Until we get familiar enough with the new status quo, what performance would be a helpful way to create the feeling of safety?
What if we could create even more of that feeling with a different approach?
And while we’re at it, what if we spent time becoming familiar with the thing you’re afraid of?
The most useful spreadsheets and facts are the ones that fearful people create to help them see their world differently.