From the creators of The Daily Reckoning, I.O.U.S.A, Empire of Debt and The Daily Missive
From the creators of The Daily Reckoning, I.O.U.S.A, Empire of Debt and The Daily Missive
December 3, 2025 • Addison Wiggin
A conversation with John Robb, Grey Swan Contributor, on the war with Iran and geopolitical effects in the age of networked warfare.
March 19, 2026 • Addison Wiggin
America just crossed $39 trillion in debt—and the pace is only accelerating. At the same time, inflation is creeping back, the Fed is holding firm, and geopolitical tensions are pushing oil higher. The result: a market caught between mounting pressure and surprising resilience.
March 18, 2026 • Addison Wiggin
March 17, 2026 • Addison Wiggin
March 20, 2026 • Addison Wiggin
Crypto markets have been under pressure since October, but fund flows suggest investors are stepping back in ahead of potential CLARITY Act clarity.
March 19, 2026 • Addison Wiggin
March 18, 2026 • Addison Wiggin
March 17, 2026 • Addison Wiggin
The problems in private credit aren’t going away – they’re compounding. For now, the market is more focused on Iran and oil than private credit. But the trouble compounds.
March 16, 2026 • Addison Wiggin
With the United States conducting what the Pentagon politely calls an “operation” against Iranian military infrastructure, markets have had every reason to be panicky. Instead, the past week delivered something subtler…
March 16, 2026 • Addison Wiggin
Gold has been consolidating after a powerful multiyear rally. Yet with America’s gold reserves equal to only about 3% of federal debt, the metal could still have significant upside ahead.
March 13, 2026 • Andrew Packer
The Federal Reserve can print money, but it can’t print oil. As energy prices surge and supply disruptions loom, the central bank may find itself with limited tools to fight inflation driven by real-world shortages.
March 13, 2026 • Andrew Packer
The plan to release 172 million barrels from the Strategic Petroleum Reserve would leave the U.S. with its smallest stockpile of emergency oil in more than four decades. And with tensions simmering globally, the shrinking reserve raises uncomfortable questions about how prepared the U.S. is for the next supply disruption…
March 12, 2026 • Addison Wiggin
The IEA is weighing the largest coordinated oil reserve release in its history, but global supply risks remain as tanker traffic through the Strait of Hormuz faces ongoing disruption…
March 12, 2026 • Andrew Packer
Headlines, a sluggish labor market, and persistent inflation are keeping the tone bearish, despite seasonal trends that usually turn bullish. But long-term investors can still find oversold opportunities if they buy strategically now…
March 12, 2026 • Andrew Packer
Roughly $72 billion of loans in the $1.8 trillion private credit market are already in default, and some estimates suggest that number could climb much higher. Now firms like BlackRock, Morgan Stanley and JPMorgan Chase are slowing redemptions as investors try to get out.
March 11, 2026 • Addison Wiggin
The Federal Reserve’s balance sheet once swelled to such extremes that the institution technically went “bankrupt” in 2022 — an accounting oddity unimaginable to earlier central bankers. Now, it’s quietly growing again…
March 10, 2026 • Addison Wiggin
From where things stand today, oil is off the peak, employment is making traders nervous, inflation is ticking back up and boardrooms are adjusting quickly behind the scenes…
