US debt ceiling day October 17: What happens?

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US debt ceiling day October 17: What happens?
US debt ceiling day October 17: What happens? (via AFP)

The US Treasury says that starting Thursday it will not have enough cash to pay its bills unless Congress increases the $16.7 trillion cap on its power to borrow more money. Treasury Secretary Jacob Lew says it will have only $30 billion on hand, with…

Blue Mountain Credit Fund still in the red YTD; here are their biggest holdings

Blue MountainBlue Mountain Credit Alternatives Fund was up 0.36% for November, although the fund remains well into the red for the year. For the first 11 months, the fund was down 24.85% gross. Q3 2020 hedge fund letters, conferences and more Blue Mountain's fundamental credit strategy was up 0.63% for November, including a 1.09% gain for Read More


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