In the Blind Spot: The great re-pegging
SNEAK PEEK . — There’s a radical civil obidience movement shaping up in Britain and threatening to fix things without planning permits. — We take a closer look at what drives Kevin Warsh, one of the names being floated as next Fed governor. — Why for Frankfurt it’s euroization or bust. — Related: Why […]
In the Blind Spot: De-financialization or bust
SNEAK PEEK — Financialization was a policy choice in America and the U.K. just as much as industrial policy was a choice in China. — Why global trade and economic shifts risk reigniting the ‘Zaitech’ phenomenon. — The Elon vs Trump spat is best understood through the lens of neurodivergent psychology. Greetings subscribers! I’m […]
In The Blind Spot – Blackout Bragaddocio
SNEAK PEEK — Are the Spanish blackouts potentially explained by a planned announcement in favour of renewable energy? — A new insurgent group in Saudi Arabia emerges just after the legalisation of alcohol in the country. Good morning subscribers! Dario here. We’re holding our breath to verify the officially spread rumours the Trump administration is close to […]
In the Blind Spot: Rise of the multilateral sovereign vision fund and the dividend dollar
SNEAK PEEK — The commotion in Japanese bond yields suggests a new strategic relationship is being forged between Tokyo, the U.S, and Masayoshi Son’s Softbank. And it may just center on the creation of a multilateral sovereign “vision fund” in which anyone can buy a stake. — Why brokerage models that pursue quality matches […]
In the Blind Spot: Mr. President, we must close the West’s 3D military minecraft gap!
SNEAK PEEK — Anduril’s new unmanned aircraft proves that America can still hold the global military edge — but critical flaws remain. Good morning subscribers! Dario here. Another reminder that I’m incredibly excited about the fascinating conversations I’m going to have with many of you in Berlin this July for “Bruce’s 50th Birthday Party”. Here’s the […]
In the Blind Spot: PAXOS Americana
SNEAK PEEK — Putting the Pax into Pax Americana with the upcoming “global dollar network”. — The BoE’s new RTGS system is a go. — My name is Donald of Arabia, king of kings, look on my towers, ye mighty, and despair. Howdy partners and happy Eurovision day! How can anyone concentrate on writing […]
In the Blind Spot: The Trump-Bibi breakup that was always coming
SNEAK PEEK — The Trump-Bibi relationship seems broken, but is it truly broken if it never existed? — Pakistan and India fight in possibly the largest air-to-air dogfight the world has seen since the Second World War. — Is Romania considering canceling their elections yet again? Dear subscribers, Dario here. After several weeks of […]
In the Blind Spot: What if Xi fails?
SNEAK PEEK — Why Tether’s investment in the Twenty One Capital spac is a stabilization play. — What if Xi fails? Xi’s grip on power may be weaker than people appreciate. In which case, is the true purpose of tariffs catalyzing regime change in Beijing? — We explore the curious case of the missing […]
Guest writer: Zero-zero margins and the illusion of riskless principal
This is a guest post by Bruce Packard, a former banking equity analyst turned financial columnist. In this piece, Packard examines the collapse of AIM-listed FX broker Argentex — an apparent victim of tariff-driven volatility, but more crucially, a case of flawed risk assumptions being brutally exposed. At the end of April, Argentex — a […]
In the Blind Spot – India-Pakistan Tensions Point West
SNEAK PEEK — Will India and Pakistan’s conflict escalate into a full-blown war? — Damning testimony by Israeli spy chief lays bare deep faultlines at the heart of Israel’s democracy. — Dark truths behind Wikipedia’s editing system on display. Dear subscribers, Dario here. We apologize for my old newsletter going out yesterday morning. Mailchimp truly is a service that […]