The $90 Billion Question: How a Supreme Court Ruling Could Reshape American Trade
The Supreme Court is deciding whether President Trump exceeded his authority by imposing $90 billion in tariffs. Meanwhile, hedge funds are buying refund claims at 20 cents on the dollar, betting against the White House. An investigation into the constitutional crisis, the shadow market profiting from uncertainty, and Europe's carbon border mechanism that could reshape global trade.
EconomicsFinance
The Shadow Banking Reckoning: Why Private Credit's $2 Trillion Blind Spot Threatens Markets
A feature analysis of the $2.1 trillion private credit market, explaining the risks of covenant-lite loans, regulatory arbitrage, liquidity mismatches, and the potential for systemic contagion.
FinanceEconomics