Crypto
Coinbase Just Let Non-US Traders Long Apple at 10x on a Saturday Night. Wall Street Can’t Do That.
Coinbase launched 24/7 stock perpetual futures for non-US traders. Apple, Nvidia, and Tesla at 10x leverage, settled in USDC. The NYSE closes. Coinbase doesn't.
Stocks
A Jury Just Told the World’s Richest Man That His Tweets Have Consequences. The Fine Won’t Matter. The Precedent Will.
A jury found Elon Musk liable for misleading Twitter investors in 2022. Damages could reach $2.6 billion. His net worth is $661 billion. The precedent matters more.
Stocks
Every Gulf Market Crashed. The Tadawul Fought Back. Here’s Why Aramco Made the Difference.
The Tadawul lost 12% in the first week of the Iran war and recovered it all. Dubai is down 17%. Aramco and an oil pipeline nobody watched made the difference.
Stocks
Japan’s Market Lost 3.4 Percent on Thursday.The Bank of Japan Blamed a War It Has No Power to Stop.
The Nikkei fell 3.4% as Iran struck Gulf energy sites and oil hit $113. The BOJ held at 0.75% and named the war directly. Japan imports nearly all its fuel
Economy
Iran Just Knocked Out 17 Percent of Qatar’s LNG Capacity. Repairs Will Take Up to Five Years.
Iran struck Ras Laffan and knocked out 17% of Qatar's LNG capacity for 3-5 years. The $20B annual revenue loss has no substitute. Global LNG has zero slack.
Economy
Eurozone Industrial Output Just Fell for the Second Straight Month. The Energy Shock Has Not Even Landed Yet.
Eurozone industrial output fell 1.2% year-on-year in January as Goldman cut growth to 1%. The ZEW crashed 58.8 points. The energy shock has barely started.
Americas
The Fed Decides at 2pm. The Dot Plot Decides the Rest of Your Quarter.
The Fed holds rates at 3.50-3.75% today but the dot plot could kill what's left of the 2026 rate cut trade. Oil above $100 is writing its own policy now.
Crypto
Strategy Owns 761,000 Bitcoin and Still Thinks That’s Not Enough
Strategy bought 22,337 BTC in one week and now holds 761,068 coins. The goal is 1 million by December. The preferred stock engine funding it just changed gear.
