2026, the year of shortage before excess

As we head into 2026, the AI boom is entering a new phase. Not excess, but shortage. From memory and storage to compute and power, critical AI infrastructure is running out, and supply won’t catch up for years. This is where the next wave of outsized returns will be made — before abundance finally arrives.

Stablecoins risk causing a global economic civil war

One trend will dominate financial markets in 2026. It centres on the most boring investment you can imagine. A cryptocurrency that doesn’t change in price.

Was 2025 a year of inflection points in financial markets?

Turning points are notoriously difficult to get right. But they offer the biggest gains in financial markets. 2025 was full of such inflection points.