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3 min read

Ray Dalio Warns of Rising Risks to U.S. Markets Amid Debt and Geopolitical Tensions

The public cost is that the S&P 500 has rallied 28% over the trailing year while the 10Y-2Y yield spread compressed to 1%, yet consumer sentiment sits at 53.3 in recessionary territory.

Why it matters: The public cost is that the S&P 500 has rallied 28% over the trailing year while the 10Y-2Y yield spread compressed to 1%, yet consumer sentiment sits at 53.3 in recessionary territory.

3 min read

SpaceX’s Starlink Expands Its Global Reach and Geopolitical Influence

The public cost is that its Starlink constellation—now with nearly 9,500 satellites with plans to grow to 20,000—has brought internet to conflict zones in Ukraine, Gaza, and Iran.

Why it matters: The public cost is that its Starlink constellation—now with nearly 9,500 satellites with plans to grow to 20,000—has brought internet to conflict zones in Ukraine, Gaza, and Iran.

2 min read

Trump escalates Iran fight as Strait of Hormuz tensions spike

Trump is ratcheting up threats as the Iran war and the Strait of Hormuz crisis move closer to a direct U.S. flashpoint. That matters because one presidential move can raise the...

Why it matters: Trump is ratcheting up threats as the Iran war and the Strait of Hormuz crisis move closer to a direct U.S. flashpoint. That matters because one presidential move can raise the...

3 min read

Week of: March 22, 2026

State of the Oligarchy — NOLIGARCHY.US const DATA = [{ newsletter_json: {"week_of":"March 22, 2026","week_theme":"oligarchy in the crosshairs: tech barons weaponize hype, politi...

Why it matters: State of the Oligarchy — NOLIGARCHY.US const DATA = [{ newsletter_json: {"week_of":"March 22, 2026","week_theme":"oligarchy in the crosshairs: tech barons weaponize hype, politi...

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