Dear legacy site subscribers,
I am writing to encourage you once again to shift your subs over to Substack, where I continue to produce daily content. I will be shuttering the £20 per month option here as of the end of May, because cross-posting is proving too time-consuming. That means this site will remain operational for archival purposes. If you have an annual or monthly that you want me to swap over, please email me directly on [email protected]. I am happy to oblige.
To lure you over, here’s a sample of some of the stories you may have missed the past couple of weeks due to my delayed cross-posting:
When is a Sovereign Wealth Fund not a Sovereign Wealth Fund? (A breakdown of what’s really going on with the rush of SWFs being developed by hard-up developed states).
Are the makings of a dollaryuan market already in motion? (Our analysis of what’s in play with the now infamous UAE swap line proposition). There is a companion chat I did with David Beckworth here.
There’s also my big picture analysis of the eurodollar dynamics at the heart of the UK/US special relationship.
Beyond that, I continue to publish the Blind Spot community’s daily Discord aggregation post, which I am topping with a daily Blind Spot thought of the day. Today’s is on the role operational naked shorts may have played in the Avis squeeze.
Over at The Peg
You may have missed my piece on The conscious recoupling of payment and credit float. Written before Clarity Act officially gave the all clear to reward-based structures if they are not economically equivalent to conventional interest arrangements, it envisions new bold ways that growth-oriented projects can tap stablecoin financing.
As well as interviews with top central bankers and industry CEOs, The Peg also produces a daily aggregation service topped with regular editorial insight. It is essentially the old premium layer of the Blind Spot spun out into a strategically themed vertical.
We are excited to announce that The Peg is now powered by a partnership with stablecoin data analytics company Allium.
