Geopolitics

A collection of 137 posts

Paid-members only

Geopolitics Featured

Indonesia Centralized a Trillion Dollars. Now It Wants Wall Street's Money.

Danantara just consolidated more state assets than Norway's sovereign fund holds — and it's tapping the dollar bond market while doing it. Emerging-market investors who ignored Jakarta are about to be forced to take a view.

Infrastructure Featured

America's Skies Are Running on Empty

One in five air traffic controller seats is vacant. The systems they sit in front of are running on hardware from another century. Why summer 2026 will be the worst test the system has faced.

Paid-members only

Geopolitics Featured

How 600 Rusting Tankers Defeated Western Sanctions

A fleet of 600 rusting tankers rewired the global oil trade and made the G7 price cap on Russian crude meaningless. The system is now cracking — and the trade has shifted.

Paid-members only

Space Economy Featured

The Space Station Gap Is Coming. China Is Counting On It.

The ISS deorbits around 2030 and its American replacements are all slipping. NASA is funding a race, China is expanding Tiangong, and there's exactly one public-market ticker on the board.

Geopolitics Featured

Argentina Was Supposed to Collapse. Then Milei Showed Up.

Wall Street wrote off Argentina nine times. Then inflation collapsed, GDP rebounded, the IMF wrote a $20 billion check, and Stanley Druckenmiller bought $150 million of YPF. Here's what changed — and what could still break it.

Paid-members only

Energy Featured

Russia Still Controls America's Nuclear Fuel

Four years into the war, Russia still controls 44% of global uranium enrichment — and the US ban it nominally faces won't bite until 2028. The trade is what happens between now and then.

Paid-members only

Geopolitics Featured

The Internet Runs on 600 Cables. Almost Anyone Can Cut Them.

A handful of state-sponsored sabotage incidents have exposed the most under-protected piece of critical infrastructure in the world — and a small cluster of public companies now own the only fix.

Paid-members only

Defence Featured

Why the Pentagon Is Quietly Abandoning Its Defense Primes

Anduril just signed its biggest Pentagon contract yet. Boeing missed another KC-46 deadline. The $80 billion defense reshuffle isn't coming — it's already here.

Paid-members only

Emerging Markets Featured

How Argentina Became the Best Emerging Market Trade in a Decade

Two and a half years into Milei's chainsaw, the macro is no longer a thesis — it's a print. Inflation cratered, growth returned, bonds rallied, and Washington wrote a $40 billion backstop. Wall Street is still underweight.

Geopolitics Featured

Xi Is Going to Pyongyang. He's Trying to Win Kim Back from Putin.

Xi Jinping's first overseas trip of 2026 isn't about strengthening the China-Russia-North Korea axis. It's about Beijing trying to pull Pyongyang back from Moscow — and Korean markets should be paying attention.

Paid-members only

Finance Featured

Japan Just Stopped Buying America. The Bill Is Coming Due.

Japan's savers subsidized America's debt for 30 years. That deal is ending — and the US Treasury market is about to find out what it costs to finance $35 trillion without a captive buyer.

Paid-members only

Geopolitics Featured

The War Beneath the Waves

Ninety-seven percent of intercontinental data — and roughly $10 trillion in daily financial transactions — runs through cables on the ocean floor. Russia, China, and the Houthis have all figured this out. Wall Street is about to.

Paid-members only

Emerging Markets Featured

Vietnam Is Becoming the World's Factory Floor — and Wall Street Just Noticed

FTSE's September upgrade is forcing billions in passive capital toward a market already up 40% in a year. Behind the index mechanics is a country absorbing a generational shift in global manufacturing.

Energy Featured

The Strait That Controls Your Gas Prices

The Strait of Hormuz has been closed for three months. Oil is at $91 a barrel, gas is pushing $5 a gallon, and the U.S. just drained its emergency reserves to their lowest level in decades. Here's why reopening a 21-mile waterway won't fix anything fast.

Paid-members only

Geopolitics Featured

Inside the Quiet War Over the World's Undersea Cables

A handful of fragile pipes on the seabed carry 95% of intercontinental data — and $10 trillion in daily financial transactions. Russia, China, and Yemen's Houthis have figured this out. The fleet that fixes them hasn't.

Paid-members only

Emerging Markets Featured

Milei's Argentina Survived the Cliff. Now It Has to Prove It Can Build.

Two and a half years after the chainsaw came out, Argentina's macro story has flipped from emerging-market disaster to global outlier. The harder trade is what comes next.

Paid-members only

Defense Featured

The U.S. Navy Will Be Smaller in 2030 Than It Is Today — Here's Who Profits

America's shipbuilding industrial base is hollowed out, China's yards are launching a navy's worth of hulls each year, and the Pentagon's only fixes funnel money through a handful of contractors and unlikely foreign saviors.

Geopolitics Featured

Inside the Hormuz Crisis: How a 21-Mile Strait Is Reshaping the Global Economy

The Strait of Hormuz has been effectively closed for nearly three months. A deal to reopen it is reportedly close — but the damage to global trade, energy markets, and your wallet is already done.

Paid-members only

Energy Featured

The Uranium Squeeze: Big Tech's Nuclear Bet Meets a Fuel Crisis

Big Tech is pouring hundreds of billions into AI data centers. But there's a problem nobody in Silicon Valley wants to talk about: the fuel that powers the nuclear plants they're betting on is running out — and the biggest supplier just got banned. Uranium spot prices

Members only

Markets Featured

10 Stocks Worth Watching This Week: The Beijing Summit and the Inflation Test — May 11–15, 2026

The Trump-Xi summit in Beijing, Tuesday's CPI print, and oil near $100 make this week a gauntlet for investors. Here are 10 stocks positioned across the crosscurrents.

Geopolitics Featured

The Iron Paradox: North Korea Is Arming Its Border — and South Korea Is Turning It Into a $24 Billion Export Empire

South Korea's defense industry is having its moment. And it's not a coincidence. On May 8, North Korea announced it will deploy new 155mm self-propelled gun-howitzers along the southern border before year's end — weapons capable of striking Seoul from 37 miles away.

Geopolitics Featured

The Beijing Gambit: Inside the Trump-Xi Summit That Could Reshape Global Markets

Trump heads to Beijing May 14 for the most consequential US-China summit in years. Here's what's on the table — and what investors need to watch.

Paid-members only

AI Featured

The Revolt Inside: Google DeepMind Workers Unionize to Block Military AI — and It Could Reshape the Entire Industry

DeepMind's London researchers have voted 98% in favor of unionizing to block Pentagon and Israeli military contracts — the first organized labor action at a frontier AI lab. For Alphabet investors, the talent risk is real and the market is underpricing it.

Paid-members only

Geopolitics Featured

The Mineral Wars: Inside the $35 Billion US-Uzbekistan Gambit to Break China's Grip on Critical Resources

Washington just bet $35 billion on Central Asia's mineral wealth. Inside the great power scramble for the raw materials that will define the next century — and how investors can position.

Geopolitics Featured

The Chokepoint Trap: How the Hormuz Crisis Turned the Panama Canal Into the World's Most Dangerous Bottleneck

With Hormuz blockaded and $4 million transit fees, the Panama Canal has become a dual flashpoint — a shipping bottleneck and a US-China battleground that's reshaping global trade.