A Strong Start to 2024

Happy New Year! Freddy starts 2024 off with a bang. Not only has he reverted to his ‘no shoes’ policy, but he kicks things off with yet another new business idea. For those of you who have yet to settle on a New Years’ resolution; might we suggest brushing up on your history? The History Channel, Wikipedia, there’s a wide variety of sources. But if we’re brutally honest, South Park might be one of the best places to start.

Blackstone’s Wile E. Moment

Carson Block, Founder of Muddy Waters Capital, makes the case that Blackstone Mortgage Trust, Inc. (BXMT) could be at risk of a liquidity crisis. At the heart of its thesis, Muddy Waters believes that 70%-75% of BXMT’s borrowers may be unable to cover interest expenses.