SPX5,847.21 0.42%/
NDX20,914.66 0.68%/
BTC98,432 1.24%/
ETH3,612 0.81%/
GOLD2,684.30 0.31%/
DXY104.18 0.12%/
US10Y4.382% 0.04%/
OIL71.84 1.92%/
EURUSD1.0742 0.18%/
USDJPY154.62 0.27%/
SPX5,847.21 0.42%/
NDX20,914.66 0.68%/
BTC98,432 1.24%/
ETH3,612 0.81%/
GOLD2,684.30 0.31%/
DXY104.18 0.12%/
US10Y4.382% 0.04%/
OIL71.84 1.92%/
EURUSD1.0742 0.18%/
USDJPY154.62 0.27%/

Geopolitics

The map of power is being redrawn.

State-level analysis, energy corridors, sanctions regimes, and the lines that move capital.

The Quiet Rearmament of Europe
Geopolitics·Feb 04, 2026·8 min

The Quiet Rearmament of Europe

Defense spending has crossed a Rubicon. The fiscal and industrial implications are still being priced in.

Read essay

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