Category: Economics

Dawn Fitzpatrick says overallocated LPs, frozen distributions, and mounting margin-call risk are converging into a sector-wide shakeout. Such will eventually separate survivors from the casualties.

The “fiat is dying” argument has become a catchphrase narrative among digital asset bulls, gold bugs, and cryptocurrency advocates. That narrative's core is that central banks have printed vast amounts of money. The "money printing" has led to currency debasement and rendered the U.S. dollar obsolete. We discussed this "debasement" narrative previously.

Economic growth metrics for the United States have recently shown surprising resilience; however, consumers' economic sentiment has not. According to the Bureau of Economic Analysis's advance estimate, real Gross Domestic Product expanded at an annualized rate of just 1.4%, well below expectations and a steep drop from the 4.4% pace in the third quarter.

The market got off to a strong start in 2026, with investors chasing industrials, materials, and commodity-related stocks as the reflation narrative gained traction. The "reflation narrative" is the belief that a range of policies will boost the rate of economic growth in the U.S. without triggering inflation

Mainstream expectations, those from Wall Street, economists, and corporate strategists, have congealed around a bullish economic outlook for 2026. Most forecasts project stronger economic growth, with contained inflation, and continued investment in technology and capital expenditure.

It is expected that AI productivity increases will vastly transform the U.S. economy. Firms are utilizing AI productivity enhancements to automate repetitive tasks, and research and coding functions have already been implemented. The obvious problem is that when machines perform functions once done by humans, what are the humans supposed to do for income?

A funny thing about bull markets is that investors develop a very short memory about the previous bear market. Such is why cycles repeat throughout history as lessons must be learned and relearned.

A funny thing about bull markets is that investors develop a very short memory about the previous bear market. Such is why cycles repeat throughout history as lessons must be learned and relearned.

With the federal government shutdown delaying critical economic reports, the official jobs data remains incomplete. Last week, the Bureau of Labor Statistics (BLS) released the September jobs report. However, the October report, originally expected earlier this month, remains in limbo, potentially permanently.