Emilyvuong

📍BlackRock has just wiped out a loan in the private credit sector, raising concerns about the risks of private credit.
The $25M loan to Infinite Commerce Holdings was written down from $100 million to $0 by BlackRock in just three months. Previously, this debt was recorded almost fully on the books.
Infinite Commerce is an Amazon aggregator—a model that involves acquiring multiple Amazon stores and consolidating them into a retail ecosystem. This model boomed during COVID due to the surge in e-commerce and extremely low capital costs. But as interest rates rose and consumer demand weakened,

📍The US will impose a 15% global tariff this week. Bessent said the US will impose a 15% global import tariff this week. This rate increases from the current 10%. If nothing changes, US tariffs will revert to the previous "reciprocal tariffs" level in about 5 months, around August.

Many analysts believe that Trump will try to end the conflict quickly because he does not want oil prices to spike and trigger inflation in the US.
In reality, oil prices in the US are less affected by the conflict around the Strait of Hormuz.
With the world's top oil refining technology, the US is a major exporter of light (high-value) crude oil and an importer of heavy (very cheap) crude oil, with the largest production globally, reaching 13.7 million barrels per day.
The two largest crude oil exporters to the US alone account for many times the volume of other countries combined (Unit

💥Heating Oil prices just surged to their highest level since November 2022. How high will this energy rally go?

💥Bitcoin spot ETF records $1.5B inflow for 5 consecutive days, following another strong capital influx yesterday.
Notably, almost all of the initial 10 spot ETFs experienced inflows, not just a single fund. This indicates that the capital believes this is a reasonable dip zone for #BTC after halving from the peak.
Perhaps a little more accumulation is needed here before a significant rebound wave.

📌South Korean stocks plummeted sharply, with the Kospi continuing to fall by 8% after the market opened. Trading was temporarily halted for 20 minutes following the circuit breaker mechanism to curb the selling panic.

🚨 Iran just attacked a Saudi oil facility
Iran's drone attacked the Ras Tanura oil refinery of Saudi Aramco - with a capacity of 550,000 barrels per day.
This is one of Saudi's most important export links. Oil opened +10% then dropped to +5% and now has surged back to +8%.

💥Current Market:
- Hormuz Strait normal
- Suez Canal reopened
- Oil price +12%
- $BTC -5% then back to the starting point
- Gold 5500 down to 5275 (tokenized)
Risk-clearing event to squeeze the market, traders chasing news and expecting WW3 are at a loss.
Of course, no one knows what will happen next week when Hezbollah just announced they are entering the conflict.

China is significantly increasing its purchases of Russian oil as India reduces imports.
In the first 18 days of February, China bought up to 2.09 million barrels per day — a 50% increase in just two months.
Meanwhile, India has cut its imports by about 40% compared to the peak in June.

🟠Over 15 countries have called on their citizens to leave Iran immediately
- The United States has urged citizens to depart immediately, suggesting land travel through Armenia or Turkey.
- The UK has withdrawn diplomatic staff from Tehran and warned of a “serious risk,” advising against all travel to Iran.
- China and India have issued urgent notices, requesting their citizens to evacuate as soon as possible.
- Canada, Australia, Germany, Poland, Sweden, South Korea, Singapore, and many other European countries have also raised their alert levels to the highest.
-> This widespread evacuation

🔥 Nvidia Reports Outstanding Q4 Results, Breaking All Records
- Revenue $68.1B, surpassing expectations of ~$65.9B, up +73% YoY - a historic record.
- Data Center $62.3B, exceeding expectations of ~$60.36B, up +75% YoY - continues to be the main driver.
- EPS $1.62, beating expectations of ~$1.50.
- Gross profit margin 75.2%, higher than the previous quarter and exceeding expectations.
- Operating margin ~65%, significantly up compared to the same period last year.
- Gaming, Automotive, and Professional Visualization are no longer the focus - Data Center dominates the entire growth story.
- N

🟠Forecast for 2026, total gold demand could reach approximately 4,900 tons - a record high and the second consecutive year of growth.
Jewelry demand is expected to increase by about 100 tons, reaching around 1,700 tons - the highest since 2024.
Central banks continue to net purchase around 1,000 tons - maintaining a historically high level.
Physical gold ETFs may attract an additional ~900 tons of net inflows - the second consecutive year of strong inflows.
Demand for gold bars and coins remains stable around ~1,300 tons.
Gold is being talked about everywhere. It’s quite amusing that the worl

🟠 Trump raises the tariff rate from 10% to 15% under Section 122 - Trade Act of 1974.
This tool allows the President to impose tariffs for up to 150 days without Congressional approval. Highly effective but with fewer political barriers. But it’s important to understand:
- Tariffs under Section 232 (on national security - steel, automobiles…) still remain.
- Tariffs under Section 301 (to punish unfair trade practices - mainly with China) remain unchanged.
-> That means 15% does not replace the entire old structure. It adds on top of the current baseline.
📊 According to Bloomberg’s estimated