Japan is back. For better or worse?

Japan’s iron lady now has a supermajority. She plans to amend its constitution. But it’s far-away investors who could pay the price for her ambitions.

What last week’s chaos tells us about trading in 2026

Last week’s volatility hit everything at once — commodities, crypto, tech, and metals. But beneath the chaos, important signals are emerging. In this video, Nick Hubble and Sam Volkering break down what actually moved markets, whether this volatility is structural or temporary, and where the best opportunities for 2026 may now be forming.

The Fix is In

A US Fed chair nomination might sound like inside baseball. It isn’t. With global liquidity already under strain and Japan’s bond market cracking, a shift at the Fed could trigger sudden repricing across sterling assets. This essay explains why Kevin Warsh’s appointment matters — and what it signals for the next phase of global markets.