Kyung Il Yang Chief Editor, Gomdolee stephen@gomdolee.com April 1st, 2026 Highlights 2025 recorded strong CLO issuance with $472 billion in BSL and $84.73 billion in private credit CLOs, alongside contained defaults that confirmed structural resilience compared with 2008 CDOs.   Regulatory tiering under Basel III allows G-SIBs to absorb assets and increase market share during … Continue reading Collateralized Loan Obligations and the Rise of Big Bank Credit Dominance (Revised)

Kyung Il Yang Chief Editor, Gomdolee stephen@gomdolee.com April 2nd, 2026 Introduction: 2025 as the Definitive Stress Test Official inflation statistics for 2025 and early 2026 conveyed an image of orderly disinflation. Headline CPI-U rose 2.7% from December 2024 to December 2025, with food prices up 3.1% and shelter exerting significant influence. By the 12 months … Continue reading The CPI is Dead Wrong: Evidence from the 2025 Polycrisis (Revised)

Kyung Il Yang Chief Editor, Gomdolee stephen@gomdolee.com March 31, 2026  1. Introduction The October 1987 Black Monday crash stands as one of the most dramatic events in financial history. On October 19, 1987, the S&P 500 fell approximately 20.4% in a single trading session, part of a broader peak-to-trough decline of roughly 33.5% from its … Continue reading The 1987 Crash as the Fractal DNA of Modern Stock Market Crashes (REVISED)