U.S. asset inflation and the savings glut
Assets are bound to be in limited supply - it is inexhaustible demand, unshackled by access to abundant credit which needs to be understood
US Banks
Stablecoins – what is in a name
By establishing a federal framework for dollar-backed stablecoins, the US Senate paves the way for actual use of these cryptocurrencies in everyday retail transactions - how large a shadow this initiative will cast remains undecided
US Regional Banks - Structural issues
If inflationary anticipations take root, bond holders will suffer losses of a magnitude which has the potential to roil the US banking system - the largest holder of Treasuries - and US banking fragmentation heightens collective risk