Fat Tail Series

A chip earnings miss and a hot jobs report just vaporised trillions from US stocks. Before you chase the SpaceX IPO, understand the trap the Fed has walked into — and why it sets up the next decade's trade.

Part 2 of Charlie’s view on some durable themes that exist outside of the current market hype-cycle.

Charlie Ormond explains how the physical economy took the reins after the “Great Financialisation” period ended during the GFC.

Part 2, In Charlie Ormond’s meditation on our modern era. Today, we look at the inevitable consequences of a system that spent four decades optimising financial structures while neglecting the material ledger.

Part 3 of Charlie Ormond’s meditation on our modern era. Today explores the hidden mechanism behind today’s supply shock.

The final part of Charlie Ormond’s meditation on our modern era. Today explores three ways our current crisis could end, and a clear investible solution.

Inside the weird world of the Darwin Dialogue and how nations are now testing rocks for their “DNA” to ensure they keep the profits.

AI crashed hard late last year. Now commodities rule. But four scenarios lie ahead, and only one lets you win both games.

AI data centres devour copper, lithium, rare earths. Meanwhile, AI tracks the minerals it needs. The feedback loop is just beginning.

In the first of this series, I discuss the linchpins of China’s economy and show how cheap oil plays a crucial role to secure its status as the world’s manufacturing powerhouse. The latest developments in Iran and Venezuela could threaten this.

In this article of my China Capitulation series, I show where western analysts get it wrong about China’s outlook. I delve into how the Chinese Communist Party sets plans and reports the data to show you why you can’t trust their narrative…

Today’s article covers how China’s weakness from within hold it back. We delve into its mindset of glossing over its image, a conformist societal structure, and how it acts in self-destructive ways. Read on to find out what many western analysts miss…

While many suspect China invading Taiwan is a foregone conclusion, the latest shake-up in the Chinese Central Military Commission might have shot it down. Find out why… and what it means in Asian geopolitics.

You may have heard on the news about scam centres operating out of South East Asia and how they lured unsuspecting people to a living hell.

The death of a Hong Kong socialite three years ago shocked many when it happened. As the trial proceedings went on, it revealed the tip of the iceberg of corruption and dark money that operates in China, Hong Kong, and those that trade with them…

The 'decapitation strike' on Iran over the weekend has claimed the lives of the Ayatollah and key regime leaders. This article explores further... read on.

China may be leading the league tables on the AI and robotics race. Moreover, China faces a deeper threat in trying to win this race…

Iran has shown that a regime can suppress its people but still end up more vulnerable than ever. This could be a warning to the Chinese Communist Party elites that a massive army don’t ensure their safety.

After years in the wilderness, lithium is finally showing signs of life. The sector has been absolutely decimated since its 2022 peak, with prices still about ~85% below those highs. But the narrative is shifting in a profound way, and I firmly believe early positioning in quality lithium companies could pay off handsomely over the next 12 to 24 months.

Part two of our retrospective of past coverage features an excerpt from a buy recommendation on a copper company.

Part three of our retrospective of past coverage features an excerpt from our crypto service during the November panic that shook markets.

Nasdaq Biotech Index rallies 30% as institutional funds reposition. Payment-for-order-flow hits record highs. Why apocalypse narratives might be the real shake-out strategy.

Speculative ASX stocks may have found a floor. It’s time for cautious optimism near-term, and a look these four sectors going into 2026.

Don’t let America’s identity crisis become your financial identity crisis. Lachlann Tierney shares his top tips for investors looking to build wealth.

Lachlann Tierney shares his second top tip for investors looking to build wealth. And its all about the cycle.

Thinking of investing in small caps or micro-caps? Learn what capital structure is and how it can help you make better investments. Lachlann Tierney tells you how.