Bitcoin Treasury Companies: Why the Capital Structure Matters
Bitcoin treasury companies are not clean proxies for Bitcoin. Debt, preferred dividends, dilution, collateral terms and liquidity determine what common shareholders ultimately own.
Month: September 2026
Nvidia’s Earnings Need a Cash-Flow Cross-Check
Nvidia’s latest results show why investors should separate operating profit, investment gains and cash collection before judging earnings quality.
2026 U.S. Midterm Elections: What Changes for the Economy and Markets
The 2026 U.S. midterms will reshape the path for taxes, spending and regulation. Their economic and market effects depend on what becomes law—and how it changes profits and borrowing costs.
U.S. Productivity Is Improving—But Workers Are Capturing Less of the Gain
U.S. productivity rose in the second quarter and unit labor costs cooled, but falling real compensation and a record-low labor share complicate the good-news story.
Singapore’s Growth Upgrade Masks an Energy-Inflation Squeeze
Singapore’s upgraded 2026 growth outlook masks a two-speed economy: AI investment is lifting output while imported energy costs push inflation higher.
Global Bond Yields Are Staying High—Even as Rate Paths Diverge
Long-term government bond yields can remain elevated even when policy rates fall. Fiscal supply, term premiums and reduced central-bank buying explain why—and what it means for investors, businesses and households.