Wednesday, July 1, 2026·ATL 84° / clear·Vol. XLVIII · No. 178

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Est. 1978 · Atlanta · Vol. XLVIII

Pulse Chronicles

Stories worth your time · Since 1978

Section · The Business desk

Business

Markets, capital, and the macro picture.

Edited by Clara Montgomery · New York bureau

Private Credit's Quiet Quarter Wasn't Quiet at All

Private Credit's Quiet Quarter Wasn't Quiet at All

Headline default rates remain near record lows. Inside the funds, mark-to-model accounting is doing a great deal of work.

By Clara Montgomery · NEW YORK · June 25, 2026 · 11 min read

The Fed's Summer Patience Has a Shelf Life

Two cuts are priced in. Three would require something to break.

By Clara Montgomery · June 12

Private Equity's Slow Spring

The first-quarter fundraising numbers are out. The story is the LPs who did not return calls.

By Pulse Chronicles · April 14

More from Business

The Quiet Contracts: Enron's Southern Utility Plays

From the Vault · 1997

The Quiet Contracts: Enron's Southern Utility Plays

A Houston trading desk has spent two years buying long-dated capacity from Southeastern utilities. The utilities are only beginning to notice.

By Staff, Pulse Chronicles archive · November 1 · 19 min

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