Goldman Sachs to Pay $2B for ETF Issuer

Published on December 1, 2025

It's acquiring Innovator Capital, which specializes in defined-outcome funds and has $28 billion in assets.

       
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A Historic Housing Disconnect Is Forcing Prices Down

December 1, 2025
When new homes start selling at a discount to re-sale houses, it’s time to sit up and pay attention. Apollo Global Management’s Chief Economist Torsten Slok noted the anomaly in a recent note , the first time it’s happened in more than five decades.

Private Credit ‘Hysteria’ Will Get Very Real Next Year

December 1, 2025
While outright defaults in the private credit sector remain low, analysts are increasingly concerned about the deteriorating outlook for repayment problems. When factoring in "selective defaults"—like borrowers adding interest to the loan (PIK loans) or extending maturities—the true default rate climbs to a significantly higher 4.6%.