BlackRock Signals the End of Easy Equity Gains
The Institutional PivotThe party is over. Or perhaps it is just moving to a different room. BlackRock released its highly…
The Precious Metal Breakout Signaling a Federal Reserve Retreat
The Golden Canary in the Inflation Coal MineThe gold bull is back. It never really left. The latest Consumer Price…
The Fiscal Toll of Thirst in the Gaza Strip
The taps are dry. Riyadh is paying. This is the new reality of regional hydro-politics. While global markets fixate on…
The Broken Pipes of Climate Recovery Financing
The water receded. The debt remained.Sri Lanka’s recovery from Cyclone Ditwah is hitting a wall of institutional inertia. Today, the…
The Davos Delusion and the British Growth Trap
The Champagne is Cold but the Data is FrozenThe snow in Graubünden is thin this year. Rachel Reeves arrives in…
The regulatory blindness of the shadow banking era
The ledger is a lie. It balances only because the debt is invisible. While the Federal Reserve and the SEC…
The Teflon Dollar Defies the Washington Policy Blitz
The Illusion of a Weak GreenbackThe greenback is a cockroach. It survives the nuclear winter of fiscal irresponsibility. It ignores…
The Synthetic Oracle and the Erosion of Human Diligence
Capital is a coward. It hides in the shadows of giants. Today, those shadows are being generated by 4-bit quantization.…
The Davos Consensus Masks a Fragmenting Global Order
The elite are gathering in the Alps.The jet fuel is flowing into Davos. The World Economic Forum has released its…
The Nebius Mirage and the Cost of AI Sovereignty
The Floor is a LieMarket bottoms are rarely foundations. They are usually traps. For Nebius ($NBIS), the narrative of a…