Global TradFi & Macroeconomics

According to Ken Griffin's letter to clients on Friday (August 21), Citadel has disposed of over 80% of the portfolio risk acquired from Situational Awareness hedge fund, with market value exceeding $4 billion. The fund executed the sales across more than 100 block trades involving 10 different

According to Ray Dalio, founder of Bridgewater Associates, the U.S. could face a debt crisis within 3 years, as reported by CNBC on August 21. Dalio advised investors to reduce exposure to U.S. Treasury bonds and increase allocations to gold and Bitcoin to mitigate

Korean airline stocks posted better-than-expected Q2 results despite a surge in oil prices triggered by US-Iran tensions. Combined fuel costs for listed carriers rose 1.6 trillion won year-over-year, yet

According to Korea Investment Securities analyst Choi Go-un, South Korean airlines' Q2 2026 earnings outperformed expectations despite the U.S.-Iran conflict driving crude oil prices higher. Combined industry fuel costs rose 1.6 trillion won year-over-year, yet operating profit declined only 600

Hana Securities analyst Lee Jae-man issued a report on August 23 recommending investors focus on companies with strong shareholder return capacity through dividends and share buybacks rather than growth investments, as US long-term Treasury yields continue

InnoInstrument, a Korean stocks company producing optical fusion splicers, saw its share price surge over 1,900% from an intraday low of 252 won on March 4 to an intraday high of 5,080 won on April 16, according to Korea Exchange data reported on the 23rd. The rally was driven by investor

According to Korea Exchange, optical communication-themed stock Innoinstrument was designated as a managed item on August 13 after its stock price collapsed from a peak of 5,080 won reached on April 16. The stock had surged from a low of 252 won on March 4, representing a 1,900% gain in roughly

According to Hana Securities analyst Lee Jae-man on August 23, firms improving return on equity (ROE) through shareholder returns and dividend payments outperform during rising interest rate periods. During the Fed's 2023 rate hike cycle (March–October), when the 10-year Treasury yield climbed

Nvidia will report second-quarter earnings on August 26, according to research firm Bespoke Investment. The semiconductor giant, with a market cap of $5.26 trillion and a 7.6% weight in the S&P 500, is expected to deliver significant market impact, with options traders pricing in stock volatility of

According to The Kobeissi Letter, the Nasdaq 100 ETF (QQQ) recorded $10.9 billion in net inflows through August 23, surpassing July's full-month total of $4.9 billion and the previous single-month record of $9.2 billion set in March 2022. Simultaneously, the Semiconductor ETF (SMH) saw net

Copper prices on the London Metal Exchange (LME) reached $14,215.50 per ton for 3-month futures on the 21st (local time), rising 3.08% this month and approaching the January peak of $14,527.50 per ton. The price surge stems from supply disruption concerns in major producing regions coinciding with a

According to the Korea Exchange, copper futures prices on the London Metal Exchange reached $14,215.50 per ton on August 21, gaining 3.08% this month and approaching the year's peak of $14,527.50. Rising demand from artificial intelligence data centers and power grid expansion is driving prices

According to the Wall Street Journal on August 21, U.S. Treasury Secretary Scott Bessent, a former bond trader, announced an expansion of Treasury buyback programs to counter rising government bond yields. However, the market's response was muted, with yields continuing to climb despite the policy a

Hyperscalers including Alphabet, Amazon, Meta, Microsoft, and Oracle issued over $170 billion in debt in 2026 through the current date, surpassing the $121 billion raised in 2025. The surge reflects financing requirements for AI infrastructure projects, with annual borrowing quintupling from a pre-A

Japan faces mounting sovereign debt concerns as the Bank of Japan (BOJ) shifts toward monetary policy normalization, triggering a surge in government bond yields. Despite national debt exceeding 200% of GDP, Japan maintained ultra-low interest rates through BOJ bond purchases. The central bank's

According to market data, Hyperscalers including Alphabet, Amazon, Meta, Microsoft, and Oracle issued over $170 billion in new debt year-to-date 2026, more than doubling the full-year 2025 total of $121 billion and roughly five times the pre-AI annual average of $35 billion. BlackRock sold a $12.5 b

According to Today News, Japan's government bond yields rose recently as the Bank of Japan (BOJ) shifted toward policy normalization, reducing its bond-purchasing capacity. Japan's debt exceeds 200% of GDP, historically supported by BOJ bond purchases that maintained ultra-low rates. The market

According to Barron's on Friday (August 21), Micron's stock has surged 700% over the past year, yet its valuation remains compressed relative to peers. The memory chipmaker trades at a forward price-to-earnings ratio of 6.4x, compared to 20.6x for the Philadelphia Semiconductor Index average,

According to Guru Club, Iraq requested on August 22 that Iran grant special passage permits for Iraqi oil tankers to transit the Strait of Hormuz. The request was made during Iranian Parliament Speaker Kalibaev's visit to Baghdad, where he met with Iraqi Prime Minister Zayidi, President Amidi, and

According to state media citing China National Petroleum Corporation, Horgos compressor station, the entry point of the West-to-East Gas Pipeline Projects II and III, reached a cumulative 600 billion cubic meters of natural gas output today (August 23). Operating as a key hub under the Belt and