CoreWeave: When AI Growth Hits the Liquidity Wall
The GPU-cloud platform favored by large language models is experiencing a "liquidity shock," revealing a structural tension in AI infrastructure: scale ≠ solvency.
Jun 23, 2026 at 02:45 6 5
Tungsten: Seoul Revives Its Mines to Break Free from China's Monopoly on a War Metal
South Korea reactivates its tungsten deposits to reduce a dependence on China exceeding 65%. A discreet but structural signal in the global recomposition of critical supply chains—the metal of hard tools and munitions enters the geopolitical battle.
22 h ago 5 8
Lucia Ferraz
NFP June 2026: Disappointing Jobs, Deceptive Unemployment - The Fed Trapped Ahead of the FOMC
The U.S. employment report for July 3 presents an end-of-cycle paradox: job creation is slowing, but the unemployment rate is falling—not due to economic strength, but because of a shrinking labor force linked to tighter migration policies. Markets are relieved, but Warsh's Fed doesn't have a free hand.
yesterday 9 13
Heinrich Vogel
Trump renews offensive against the Fed: governors in the crosshairs
After installing Kevin Warsh as Fed chair, Trump's allies cross a new threshold: reshaping the entire Board of Governors. An institutional escalation with potentially systemic consequences for U.S. monetary credibility.
yesterday 8 11
Heinrich Vogel
Chinese exports weigh on Europe more than deficits: imported deflation takes hold
Beijing isn't just exporting electric cars and solar panels—it's exporting its disinflation. And Europe is absorbing the effects more than it admits.
Jul 2, 2026 at 16:36 9 13
Heinrich Vogel
AI Infrastructure: $638 Billion Order Book, 18-Month Low Prices - The Cycle Discount
The AI paradox: the companies building tomorrow's data centers see their stocks decline while their order books overflow.
Jul 2, 2026 at 16:36 9 9
Arjun Mehta
The average investor is turning away from the Magnificent 7: flows confirm the rotation
2.3 trillion wiped out in June, net outflows in tech ETFs: the Mag7 is no longer the safe haven investors thought.
Jul 2, 2026 at 16:36 7 9
Eleanor Whitfield
Merz unveils €10 billion in tax relief: Germany's budgetary awakening changes the ECB equation
Germany's budgetary golden rule gives way. 10 billion euros in tax relief, a decision that reshuffles the cards between Berlin, Frankfurt, and the European bond markets.
Jul 2, 2026 at 16:36 9 11
Heinrich Vogel
Yen at 40-Year Low: BoJ's Countdown Begins
USD/JPY breaks through the 158-160 range - the historic tolerance level of the Ministry of Finance. The Bank of Japan has fewer and fewer reasons not to act in July.
Jul 1, 2026 at 09:38 9 9
Heinrich Vogel
ASML outperforms in tech sell-off: memory supercycle confirms resilience of upstream AI chain
While the Mag7 lose $2.3 trillion in June, ASML shows notable relative outperformance and Micron confirms the HBM memory supercycle. The contrarian angle of the tech sell-off: upstream infrastructure holds up better than platforms.
Jun 30, 2026 at 16:48 9 10
Arjun Mehta
BIS: AI Spending Boom Threatens Global Financial Stability
The Bank for International Settlements sounds the alarm: massive investments in AI could form a capital bubble likely to crash markets and trigger a recession—a warning that resonates as the U.S. Moratorium Act puts pressure on the sector.
Jun 29, 2026 at 17:15 8 11
Arjun Mehta
PBoC: First Overnight Reverse Repo and Industrial Profits Up 18.8% - Expanding the Toolkit
On June 29, 2026, the People's Bank of China introduced for the first time an overnight reverse repo instrument while keeping the 7-day repo rate stable. Meanwhile, industrial profits surged by +18.8% in May. Two signals to decode within the logic of China's supply-side model.
Jun 29, 2026 at 09:03 9 10