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Introduction: The Cost of Mispriced Political Certainty
A Quiet Crisis Building in Plain Sight
US services sector activity slowed more than expected in March while businesses paid the most for inputs in over three years, as the prolonged war with Iran layered fresh inflationary pressure onto an economy already grappling with the fallout from sweeping importtariffs.
A Turning Point for Private Credit Markets
Strong Volumes in a Changing Market
PepGen (NASDAQ: PEPG) suffered one of the biotechnology sector's most severe single-session declines of the year on April 1st, with shares closing down 59% at $1.74 after Phase 2 trial data for its lead programme in myotonic dystrophy type 1 failed to demonstrate the …
China's manufacturing sector closed the first quarter of 2026 on a cautiously optimistic note, with the latest RatingDog China General Manufacturing Purchasing Managers' Index registering 50.8 in March, marking the fourth consecutive month of expansion. While the headline figure dipped from February's recent peak …
The American labor market is flashing warning signs. Fresh government data reveals that job openings dropped sharply in February while hiring sank to its lowest point since the darkest days of COVID-19, painting a picture of an economy stuck in neutral.
Thirty-two days into a war that was supposed to last four to six weeks, President Trump stood before Oval Office reporters Tuesday and declared victory. U.S. forces, he said, would leave Iran within two to three weeks. The nuclear threat had been neutralized. The …
A Disruption Without Modern Precedent
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