Research on policy, economic cycles, liquidity and regimes.
Move from the latest market state to the research explaining why it matters.Follow the research connecting policy, inflation, liquidity and the wider economy.
The article total covers this entire filtered desk. Topic, asset and evidence coverage below relates only to the 12 reports on this page.
A deep dive into Gary Shilling’s warning that young people will need to work harder in the AI era—and why hustle alone isn’t enough. This long‑form article explores the end of the industrial work ethic, the rise of automation, an…
We aren’t returning to a gold standard — we’re entering a world where gold’s role expands in a digital civilization. With 8 billion + people today and billions more coming online, gold’s value as both monetary ballast and physica…
Geopolitics meets markets: new U.S. reciprocal trade deals in Southeast Asia, U.S.–China negotiations, a Fed preview, and what futures are signaling for the week of Oct 26, 2025.
Even as Fed rates fall below 4%, the dollar remains firm. Here’s why its strength no longer depends on yields — and how tokenization, trade settlement, and real assets have redefined the dollar’s role in the global system.
"3% CPI isn’t stability—it’s controlled volatility in a debt-saturated system, forcing the Fed toward rate cuts and stealth QE to keep credit flowing.
The liquidity cycle has flipped. QT exhausted the reserve buffer, pushing the system into structural limits the Fed can’t ignore. This isn’t a debate — it’s a regime shift. From banking reserves to tokenized collateral, here’s wh…
Wall Street rose on strong earnings and Trump–Xi optimism, gold rebounded after a sharp drop, and Japan’s Nikkei slipped on profit-taking. IMF raised growth outlook as global risks persist.
Markets wavered as the Fed faces a data blackout, gold and tech cooled off, and the Trump administration tightened sanctions on Russia while juggling crises abroad. markets, gold, 10-year yield, Fed rate cut, data vacuum, governm…
Central banks are pulling back trillions in liquidity after years of easy money. We examine how this liquidity drain – in the US and globally – impacts stocks, the economy, and what it signals for the future.
Stocks and gold pulled back even with a widely expected Fed rate cut days away. Here’s how the 10-year, earnings headlines, dollar strength, and profit-taking all intersected to drive today’s tape.
On October 21, 2025, the Dow closed at a record high while gold pulled back sharply from all-time highs. Japan’s Nikkei surged on optimism around new leadership, but China’s property market slump and Argentina’s peso crisis highl…
Since the 2000s, nearly every major asset has inflated together — stocks, commodities, yields, and metals. As money supply outruns real production, prices rise despite rising productivity. The “Everything Bubble” isn’t about grow…