News · Policy · US · 15 Jun 2026
A deal to reopen the Strait of Hormuz may stop the bleeding. Recovering from a billion barrels of lost supply is another matter.
News · Ideas · Global · 14 Jun 2026
A slick boardroom presentation. The rollout of AI across the organization. Profit misses estimates? AI will improve productivity in the next quarter.
News · Rates & FX · Japan · 11 Jun 2026
The 2026 record-breaking intervention has laid bare the limits of Japan’s defensive economic strategy. Caught between a weak yen that fuels inflation and a precarious debt load that prevents aggressive rate hikes, Tokyo is increasingly relying on a series of tactical strikes--and an ever-growing list of non-rate tools--to maintain a fragile, managed equilibrium.
News · Macro · Japan, US · 10 Jun 2026
When the Bank of Japan's policy board sits down next Monday, it will be deciding whether to raise its benchmark rate by a quarter point, to 1.00%. That sounds modest. Its impact isn't.
News · Markets · US · 9 Jun 2026
Bank of America and Citigroup say their bear-market checklists have hit levels not seen since the dot-com era and the 2008 financial crisis. The S&P 500 closed near a record on Monday.
News · Markets · Global · 8 Jun 2026
SpaceX is preparing to debut at a staggering $1.75 trillion valuation — the largest IPO in U.S. history. The company has genuine competitive advantages and an impressive track record, but at 94 times revenue, the asking price leaves almost no margin for error. Investors should look past the mythology and focus on four underappreciated risks: declining Starlink ARPU, Starship execution delays, the growing drag from xAI losses, and Musk’s ironclad governance structure that leaves little room for minority shareholders.
News · Ideas · Global · 6 Jun 2026
In a report released this week, the Anthropic Institute disclosed internal data showing how quickly its artificial intelligence is learning to improve itself. That raises an important question. What happens when AI systems start designing their own successors?
News · Policy · US · 5 Jun 2026
When Congress passed the Social Security Act in 1935, it promised a safety net for American workers but it also quietly excluded two of the largest categories of Black employment: domestic workers and agricultural…
News · Markets · India · 4 Jun 2026
Short sellers exposed Enron, Wirecard and Nikola years before regulators caught up. A fraud conviction, a decade of rising stocks, and a Reddit mob have pushed them out of the business. The gap they leave is real.
News · Macro · US · 3 Jun 2026
The new Fed Chair's Shift to Trimmed-Mean PCE Could Reshape Monetary Policy, But Markets Are Already Skeptical
News · Macro · US · 3 Jun 2026
How the Fed's switch to trimmed-mean PCE could reshape monetary policy, and where it breaks down.
News · Rates & FX · US · 2 Jun 2026
Kevin Warsh wants to change how the Fed measures prices. Critics say he is choosing the gauge that happens to justify cutting rates.
News · Markets · Global · 1 Jun 2026
A veteran market analyst maps the parallels between 2026's AI rally and the dot-com peak of 2000 -- and explains why the differences don't fully close the gap.
News · Ideas · Global · 29 May 2026
Chris Olah, speaking at Pope Leo XIV's encyclical launch, urged religious and civil voices to act as external critics of an industry shaped by "pride and ambition"
News · Policy · US · 28 May 2026
The New York Fed survey finds nearly 1 in 5 low-income households can't afford enough to eat -- while consumer optimism among the food-insecure has collapsed to record lows, even as headline economic data stays broadly…
