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Bond market tightening constrains policy decisions
“Bond market tightening has become the invisible hand constraining every policy decision, from Iran talks to stimulus spending.”
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High oil prices force geopolitical ceasefires
“When do oil prices force a ceasefire?”
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Ethereum faces institutional competition from Canton
“Does institutional adoption demand Canton’s permissioned structure, or can Ethereum survive with real-world assets on a permissionless layer?”
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Macro headwinds pressure traditional asset prices
“With Brent crude at $107 and the 10-year yield climbing, asset prices face a cascade of headwinds.”
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Market timing is risky during conflicts
“Market-timing in a conflict where you don’t know who the endgame negotiator is may be the wrong frame entirely.”