This week, our 3 Things are: Chinese volatility. Its economic struggles are a double-edged sword to risk markets. Private credit’s runway. It’s significantly under-allocated, but not likely to stay that way. Bank lending. They’ve got money to go, as long as you’re on the right side of our “Two...

This week, our 3 Things are: The U.S. consumer. Is that remarkable resilience about to slow? D.R. Horton. The story behind the miss. Bush/Gore redux? Tuesday is not likely to be the end of this election.