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Further reading

• MACRO RESEARCHWhy Japan's Labor Shortage Is Now Bankrupting Small BusinessesJapan is running out of working-age people, and small firms that can't pay above inflation are going bust.
• MACRO RESEARCHIs the AI Bubble Bursting? What the October 2026 Tech Selloff Is Really PricingInvestors are repricing who pays for AI capex once free cash flow turns negative and the Fed is hiking.
• MACRO RESEARCHBitcoin On-Chain Analysis: The $80K Cost Basis Every ETF Holder Is WatchingBitcoin is pinned between institutional cost basis near $80K and long-term holder supply at $85K.
• MACRO RESEARCHThe End of France? Riots, Chaos and the Failing DebtFrance has not balanced a budget since 1974, and its politics can no longer agree on who should pay.
• MACRO RESEARCHOrder Flow Trading for Beginners 03: Open Types, Day Types and Market ContextWhether a footprint signal works depends on the open, the initial balance and the liquidity behind it.
• MACRO RESEARCHStrait of Hormuz Shipping Crisis: Oil Prices and the Midterm DeadlineIran’s tanker attacks hit a wartime high after Trump ruled out strikes before November 3