Broken Moats on X
The July-to-current rotation reflects short covering and an unwind of long semiconductor trades, with recent AI laggard rallies vulnerable as SaaS earnings approach.
NYSE
Metlife INC
MET
4 articles
$61B Market cap · 2026-08-25
Broken Moats on X
Semiconductor swings and AI-driven software rallies have created idiosyncratic short setups, including private-credit-exposed insurers FG, MET and MFC and payroll vendors PCTY and PAYC.
Broken Moats on X
MetLife, Lincoln and regional banks including Western Alliance face interconnected private-credit exposure, with scrutiny of loan credit ratings.
Broken Moats on X
Little perplexed you get more negative redemption stories around private credit, and the market only sells off the the the pure play PE companies. First derivatives are up? $MFC $FG $MET $WAL all have sizable exposure to the same asset class.....
