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The inaugural LIT TLP tournament in Zhongshan drew 400+ players including world #1 Ryan Lam. What appears to be a sports event is actually the commercial validation of a thesis about China's grassroots sports infrastructure mandate and the private capital opportunity it creates.
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Trump's nomination of Kevin Warsh to chair the Federal Reserve is the most consequential monetary policy development of 2026. Markets lost $5 trillion in value on the announcement. Here is why the reaction is rational and what it means for portfolio positioning.
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The Federal Reserve held rates at 3.5-3.75% after three consecutive cuts, marking the end of the easing cycle that began in September 2025. Two governors dissented for further cuts. Here is the full read-through for fixed income, equities, and the macro outlook.
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Venezuela's 300 billion barrel oil reserve — the largest in the world — is now potentially accessible to Western capital for the first time in two decades. The geopolitical implications for Iran, OPEC discipline, and energy market structure are significant and underappreciated.
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US special forces captured Nicolás Maduro on January 3rd. The geopolitical shock is clear. The financial implication — Venezuela's estimated 600,000-660,000 Bitcoin shadow reserve — is less understood and potentially more significant for crypto markets.
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The S&P 500 opened up 1.4%, reached 6,800, and closed down 1.5% at 3,616. An intraday swing of 4.3 percentage points — only the third occurrence since 2000. Goldman Sachs called it a perfect storm. Here is our analysis of what actually happened and what it means.
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Asian markets fell sharply on Trump's sweeping tariff announcement. The market is pricing a negotiating tactic. We think it is pricing a structural regime change in US trade policy — and the two scenarios have very different implications for portfolio positioning.