Newsletter

A looming Japanese debt crisis.US stocks at record outperformance. Stagflation fears rising. High margin for gold miners. There is no green energy.

The original mission of USAID failed. The RRP is down US$2.5trn. Central bank loads up on gold. 4 ways to increase value. We live in an incredible world.

The Trump thump. Just another crypto crash. Got gold?. The bookstore renaissance. Nuclear power is booming in China.

DeepSeek rattles markets. Manufacturing to stay in China. BoJ raises 0.25%. EU banks beat US Tech. We’ve passed peak air pollution.

AI to replace investment bankers. Worst US bond bear market ever. Everyone is bearish on China. Only 29% of S&P 500 companies outperformed. The Trumps launch shitcoins.

US budget deficit up 39%. Number goes up. Hard for the US to stay decoupled. Treasuries instead of real estate. Indian Rupee hits ATL.

FB loosens censorship. Greenland to become the 51st state. S&P 500 to gain 12% in 2025. China 10Y yield crashes. US 10Y yield rockets.

The world is better. Concentrated S&P 500 performance. US$ is massively overvalued. EU regulates. Keep investing simple.

Small caps continue to underperform. Russia uses BTC to get around sanctions. EU has imported a lot of Russian fossils. Inflation matters. Diamonds don’t store value.

Fed cuts by 0.25%. Value stocks get historically hit. Fartcoin hits US$1bn. Fund managers move to stocks. Bitcoin takes over Bloomberg.