Section / Money & Macro
The plumbing behind the price.
Liquidity, real rates, balance sheets, eurodollars. Understanding the system that prices every asset you hold.
- 6 min read
Reading the Reverse Repo
What the RRP balance tells you that CPI does not.
- 8 min read
Real Rates Still Matter
The most underpriced variable in 2024 markets.
- 14 min read
Eurodollar Plumbing 101
The offshore dollar system and why it sets the global cost of money.
- 11 min read
CBDCs and the Optionality Tax
A primer on the rails being built — and the freedoms quietly priced in.