Markets, macro and money flows — with enough depth to act on and enough brevity to finish before your second coffee.
Between the dot plot and the press conference, Powell drew a clearer line than the text admits. Here’s what repositioning desks are doing this week and why credit markets moved first.
BlackRock and Fidelity lead a month of record inflows. What rotation this implies across risk assets.
Three charts that separate the real problem from the headline risk.
Fund flows, check sizes and the quiet revival of growth-stage term sheets.
The three-year USD bull run is breaking. Trade ideas from strategists covering EEMEA and LatAm.
Hyperscaler guidance is up; everyone else is cutting. The divergence chart everyone is screenshotting.
LPs finally have marks. What 2021-vintage funds look like when the music stops.
Mine permitting bottlenecks explain the setup. How the smart money is positioning.
The plumbing decision that quietly sets the tone for the next two quarters of risk.
Why cheap paper and expensive debt tilt the table — and which sectors get hit next.