Macro, money, and the forces reshaping the financial system. The stories behind the headlines.
1,003 posts
Japan burned a record ¥11.73 trillion on FX intervention, fully retraced the gains, and now sits at a 40-year yen low. The MOF has pivoted to ambush tactics because the structural…
SBI Crypto is shutting down its Bitcoin mining pool on July 31, 2026, giving miners less than 30 days to redirect roughly 20.9 EH/s. No reason was given. The outcome is a live test…
The BLS reported 57,000 jobs added in June 2026, roughly half the 113K consensus. The household survey shows employed persons falling 507K. April and May were revised down 74K comb…
Metaplanet crossed 43,000 BTC on July 2 after a $170.7M Q2 buy, cementing its rank as the world's third-largest corporate Bitcoin treasury and demonstrating how its income-generati…
Glassnode's 'Accumulation Beneath the Surface' report identifies a structural split: long-term Bitcoin holders are quietly stacking while institutional ETF investors stay in defens…
Foreign investors pulled an estimated $57 billion from South Korean equities in May and June combined, sending the won toward 17-year lows and triggering a liquidity crunch built o…
The DOE confirmed three advanced microreactors achieved criticality before July 4th, 2026, fulfilling EO 14301. Deployable Energy's Unity went from kickoff to critical in roughly 1…
China's central bank ran its first-ever overnight reverse repo on June 29, injecting 300 billion yuan at a 1.25% rate it refused to disclose, 10 basis points below the median analy…
The Supreme Court's 6-3 decision in Trump v. Slaughter ends 91 years of independent-agency protection, extending presidential removal power to the SEC and CFTC by the same constitu…
The IDF demolished a 200-meter-long, 25-meter-deep Hezbollah drone complex under the Lebanese village of Majdal Zoun on June 28, two days after signing a US-brokered trilateral sec…
Strategy unveiled a five-part Digital Credit Capital Framework on June 29, authorizing up to $1.25B in bitcoin sales, raising STRC dividends to 12%, and hard-coding a $2.55B cash r…
The Bank for International Settlements released its 2026 Annual Economic Report on June 28, warning that an AI capex bust, opaque circular financing deals, and record sovereign deb…
The Supreme Court is expected to rule imminently on whether Trump can fire Fed Governor Lisa Cook, the first presidential attempt to remove a sitting Fed board member in the centra…
NYK Line CEO Takaya Soga told the Financial Times that Hormuz shipping will remain well below prewar levels for months. With 80 naval mines sitting in the main traffic lane, the U.…
El Salvador's National Bitcoin Office has continued announcing Bitcoin purchases since signing a $1.4 billion IMF deal that required the public sector to confine Bitcoin-related ac…
Alan Greenspan died June 22, 2026 at age 100. He authored 'Gold and Economic Freedom' in 1966. He then ran the Fed for 19 years and built the debt machine Satoshi was responding to…
Chinese Foreign Minister Wang Yi pledged reconstruction support for Iran on June 22, signaling Beijing intends to secure long-term oil access in exchange. Every infrastructure cont…
Iran's IRGC struck a cargo ship near Oman on June 25, pausing the UN's strait evacuation plan and breaking a week-old ceasefire. OFAC has designated the IRGC's toll-collecting enti…
DMND mining pool and GoMining mined block 955,318 on June 25, using Stratum V2's Job Declaration feature for the first known time in a live production environment, shifting transac…
Bitcoin's one-week options skew is flashing a ~24-point put premium, a panic-level read last seen near an interim bottom earlier this year. The BEA releases May PCE at 8:30 a.m. ED…
The Commoner
Independent writing by Marty Bent at TFTC since 2017. Money, markets, AI, energy and privacy, delivered free to your inbox.
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