Macro, money, and the forces reshaping the financial system. The stories behind the headlines.
1,003 posts
The IMF confirmed on September 3 that all Bitcoin added to El Salvador's reserve since June 2025 came from private donations, with zero public funds used, and explicitly stated it…
Rabobank's Michael Every is citing a Dutch government advisory council's declaration that the post-WWII order 'no longer exists' and arguing central banks are secondary to the geop…
The National Sheriffs' Association dropped its opposition to the CLARITY Act on September 3, citing the bill's complexity. A Senate cloture vote requiring 60 votes is set for Septe…
Chicago rice futures have surged more than 50% in 2026, on pace for the largest annual gain since 2003, as Strait of Hormuz disruptions collapse fertilizer supply chains and monsoo…
De Nederlandsche Bank transferred 86 metric tonnes of gold from New York and Ottawa to London between March and August 2026, citing geopolitical unrest and crisis preparedness, a q…
MISO filed interconnection reliability requirements with FERC on Aug. 28, 2026, covering ramp rates, ride-through performance, and real-time monitoring for any load above 50 MW, a…
A complaint filed in the Southern District of New York on August 31, 2026 alleges Tether froze $42.4 million in USDT across 10 Ethereum addresses after an informal Homeland Securit…
Treasury Secretary Bessent used the Asheville G20 meeting to demand coordinated trade pressure on China's $1.2 trillion surplus, while simultaneously conceding the world's only deb…
The BLS July JOLTS report missed the 7.313M consensus for the second consecutive month, while June was revised down 177K. Hires and quits both dropped sharply, pointing toward a po…
Bitcoin's 90-day Pearson correlation with gold hit an all-time high as of September 1, with the 30-day metric reaching 0.8, a quantitative signal that institutional capital is acti…
Strategy filed a formal opposition letter to MSCI on August 31, calling its revised non-operating company exclusion screen discriminatory and calling for its withdrawal before the…
China deployed a record 244 government vessels around Taiwan in July 2026, a fourfold increase over July 2025, per Taiwan's Coast Guard Administration. The activity looks less like…
The S&P GSCI/S&P 500 ratio is near its lowest reading in more than five decades. Jefferies, UBS, and Azoria Capital are calling a commodity upcycle driven by physical scarcity and…
ECB Executive Board member Isabel Schnabel told Jackson Hole on August 28 that central banks must place their reserve money directly onchain or risk being displaced by dollar-denom…
FinCEN's proposed rule would sever Banque Misr UAE's five branches from dollar correspondent banking over $1.8 billion in suspected Iran-linked transactions. The China exemption te…
Capital B closed a €21M private placement with repeat strategic investors Adam Back and TOBAM, targeting 270 additional BTC. Four warrants per share could unlock ~€135M more over f…
The Chicago Business Barometer crashed 10.5 points to 47.1 in August, the first contraction in four months, while UMich consumer sentiment held at 51.7 with year-ahead inflation ex…
Pakistan announced a government-led Strategic Bitcoin Reserve seeded with seized assets and 2,000 MW of surplus electricity for mining. The Finance Secretary says no legal framewor…
The Kansas City Fed opened its 2026 Jackson Hole symposium under the theme 'Financial Innovation: Implications for Payments and Policy,' the first time in the event's history that…
The DOJ and FBI confirmed on August 26 that PRC state-sponsored hackers breached the Federal Reserve, NASA, DOJ, and the U.S. Senate using two platforms active since at least 2018.…
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Independent writing by Marty Bent at TFTC since 2017. Money, markets, AI, energy and privacy, delivered free to your inbox.
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