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Grant’s Almost Daily (Free)

Grant’s Almost Daily (Free)

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Jim Grant’s free daily note with frequent fixed‑income/credit market perspective; sister to Grant’s Interest Rate Observer.

ADG 3/10: Baby in a Corner
News•Mar 10, 2026

ADG 3/10: Baby in a Corner

Exxon Mobil announced plans to redomicile from New Jersey to Texas, citing protection from shareholder lawsuits. Nvidia revealed an open‑source AI‑agent platform, inviting partners like Salesforce and Cisco without mandating its chips. Goldman Sachs is marketing total‑return swaps and bespoke strategies to hedge funds betting on continued stress in software‑loan markets, as the S&P North American Technology Software Index fell over 2.4% and remains down 26.5% since October. Meanwhile, broader markets slipped modestly, with the S&P 500 down 0.2% and Treasury yields edging higher.

By Grant’s Almost Daily (Free)