Markets
Iran’s oil exports stall and Kharg Island idles under US blockade
Naval interdiction appears to be halting tankers from carrying Tehran’s crude
Macro
Macro
The Fat Pipe 08/07/26: Deal or No Deal? US Treasuries “Not Fit for Purpose,” and Grab Bag
As the Iran war simmers along, increasingly concerning events are unfolding in the financial world. Can Bessent prevent Japan's illness from spreading to the US? What happens if/when foreign appetite for US Treasury paper dips below a critical threshold? Ah - that's when things really speed up.
Macro
Is Japan a Debt or a Currency Crisis? - Robin J Brooks | Substack
Is Japan a Debt or a Currency Crisis? - Robin J Brooks | Substack
Geopolitics
Fortuna SFP: “Gold rises due to central banks’ silent de-dollarisation” - The Corner .eu
Fortuna SFP: “Gold rises due to central banks’ silent de-dollarisation” - The Corner .eu
Geopolitics
The Bond Market Is Sending Gold a Debt Warning - Investing.com Nigeria
The Bond Market Is Sending Gold a Debt Warning - Investing.com Nigeria
Macro
How the BoJ and Fed Made Gold the Obvious Choice - discoveryalert.com.au
How the BoJ and Fed Made Gold the Obvious Choice - discoveryalert.com.au
Macro
Debt Crisis Could Propel Bitcoin to $180K, Says Lawrence Lepard - coinfomania.com
Debt Crisis Could Propel Bitcoin to $180K, Says Lawrence Lepard - coinfomania.com
Geopolitics
Brazil to become regular borrower in China, treasury official says - South China Morning Post
Brazil to become regular borrower in China, treasury official says - South China Morning Post
Macro
US Dollar TINA, What Happens When Financial Stress Hits Lack of Alternatives?
US intervention shows all isn't well with the US dollar.
Macro
Record-High Stocks and Federal Debt Square Off Against Oil, Gold and Japan
Stocks set new record highs! But so did government debt. And the Strait remains closed. Here's what comes next.
Geopolitics
Dollar Losing Ground? Brazil's Lula Makes Chinese Yuan a Permanent Part of Debt Strategy | Vantage - Firstpost
Dollar Losing Ground? Brazil's Lula Makes Chinese Yuan a Permanent Part of Debt Strategy | Vantage - Firstpost
Geopolitics
UK Treasury Weighs Fiscal Rule Flexibility to Unlock Billions for Capital Investment - The Global Treasurer
UK Treasury Weighs Fiscal Rule Flexibility to Unlock Billions for Capital Investment - The Global Treasurer