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Tag: Bloomberg

A collection of shining gold bars and coins symbolizing wealth and investment.

Structural Shifts in Central Bank Demand Are Redefining Gold’s Support Levels

According to Société Générale, the time has come to view gold optimistically again, as they observe a gradual recovery after months of correction. In a recent market assessment, analysts stated the precious metal looks attractive again, despite trimming their gold positions in the first half of the year. Gold recently rebounded to around $2,450 after…

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Fraude moldave : le rôle technique des banques russes dans le mécanisme du ” milliard volé”

Les trois banques russes Gazprombank, Alef Bank et Interprombank (Алеф-Банк, АКБ «ИНТЕРПРОМБАНК» и Газпромбанк) n’ont pas "volé" le milliard moldave, mais elles ont facilité techniquement le mécanisme de fraude en fournissant des dépôts overnight (dépôts à vue d’un jour, sans intérêt) aux trois banques moldaves impliquées (Banca de Economii, Unibank, Banca Socială), ce qui a…

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Private credit funds face elevated risks in 2026 from two distinct but overlapping AI-related channels

Private credit funds face significant 2026 risks from two AI-related channels: disruption to software borrowers and demand shortfalls in AI infrastructure. These are compounded by liquidity mismatches, sector concentration, and ties to insurers and pensions. Non-bank direct lending, via vehicles like BDCs, has heavily expanded into both areas, heightening vulnerability. Two Primary AI-Related Risk…

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SPV (special purpose vehicle) off-balance-sheet structures are a core financing tool in the AI data-center buildout

They allow hyperscalers to expand capacity rapidly while keeping the bulk of associated debt off their consolidated balance sheets, converting what would be large capital expenditures into multi-year operating leases or offtake commitments. This creates meaningful “shadow” leverage and interconnected risks. How the Structures Typically Work A dedicated vehicle (SPV, joint venture, or variable…

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SSSI. The quantitative and microstructural architecture of stablecoin risk

Executive Summary With over $315 billion in daily trading volume, stablecoins have become the systemic plumbing of programmable finance. Yet, the Basel Committee (BIS) and the World Economic Forum (WEF) highlight a critical flaw: the lack of quantitative tools capable of measuring counterparty risk in real time. Traditional approaches rely on static snapshots (monthly attestations)…

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SpaceX (SPCX). Probable Correction vs. Long-Term Trajectory

SpaceX (SPCX) faces a probable short-term correction of ≥30% (62-78% probability) from current levels (~$141-146), driven by negative convexity, retail unwind, and liquidity spirals, while long-term (3-10 years) appreciation remains significant. The company is transitioning from a launch and constellation firm to a multi-planetary spatial infrastructure, data, and AI platform with increasing returns and…

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