Deep Dive Report

In-depth macro research reports analyzing single themes — fiscal policy, credit risk, labor markets, and structural economic trends.

Geopolitics

Jul 29, 2026

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20 min read

Made in Mexico, Sourced In China

The rerouted supply chain, the rising value-added share, and the July 2026 USMCA fight

Debyn Benjamin

Credit Markets

The College Degree Just Became a Bad Trade

Jul 25, 2026

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17 min read

The College Degree Just Became a Bad Trade

The same credential now sorts households into winners and wealth transfers.

Macroeconomics

Gold Fell 27%. Central Banks Kept Buying.

Jul 22, 2026

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12 min read

Gold Fell 27%. Central Banks Kept Buying.

The 27% correction, the fastest quarter of central-bank buying in over a year, and the reserve crossover that just became official.

Geopolitics

The iPhone Moved to India. The Value Stayed in China.

Jul 18, 2026

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16 min read

The iPhone Moved to India. The Value Stayed in China.

The five-year assembly win, the decade-long climb underneath it, and the tariff wedge that has already closed.

Inflation

The End of Cheap: Why the Price Level Is Not Coming Back

Jul 11, 2026

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11 min read

The End of Cheap: Why the Price Level Is Not Coming Back

The 25-Year Disinflation Reversal, the Tariff Floor, and the Fiscal Trap That Ties the Fed's Hands

Debyn Benjamin

Geopolitics

China's Rare-Earth Chokehold: Why the West Cannot Decouple This Decade

Jul 4, 2026

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11 min read

China's Rare-Earth Chokehold: Why the West Cannot Decouple This Decade

The Refining Monopoly, the 2025 Weaponization, and the Math Behind a Failing 2030 Target

Debyn Benjamin

Geopolitics

Jun 27, 2026

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22 min read

The Gray-Zone Ratchet East of Taiwan

Why markets are right about the event and wrong about the regime

Debyn Benjamin

Credit Markets

Jun 20, 2026

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24 min read

The Ceasefire Doesn't End the Squeeze

How a 60-day diplomatic clock, a 120-day SPR delivery window, and OECD inventories at multi-decade lows converge on the same week

Debyn Benjamin

Credit Markets

Jun 13, 2026

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13 min read

Europe's Central Bank Is Cornered

Energy-driven inflation, a contracting economy, and the oil floor that stops the ECB from waiting it out

Debyn Benjamin

Credit Markets

Jun 6, 2026

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22 min read

Japan Just Broke the Global Bond Market

The Record 30-Year JGB, the $1.24 Trillion Repatriation Bid, and the Global Long-End Repricing

Debyn Benjamin

Credit Markets

May 29, 2026

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19 min read

Why Bond Yields Aren't Falling

Europe just committed €800 billion to rearm. Bond markets noticed.

Debyn Benjamin

Credit Markets

The Petrodollar Myth: Why the Dollar Doesn’t Need Oil Anymore

May 23, 2026

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25 min read

The Petrodollar Myth: Why the Dollar Doesn’t Need Oil Anymore

The Real Moats Hiding in Plain Sight, the Russia Stress Test, and Where the Dollar Actually Breaks

Debyn Benjamin

Credit Markets

May 16, 2026

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15 min read

How Oil Shocks Reach Your Portfolio

The buffers are expiring. Stage 2 starts now.

Debyn Benjamin

Credit Markets

The Petrodollar Reset — How the Gulf Chose Dollar Deepening Over Yuan Settlement

May 9, 2026

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23 min read

The Petrodollar Reset — How the Gulf Chose Dollar Deepening Over Yuan Settlement

China lost a 10-year bet

Debyn Benjamin

Macroeconomics

May 2, 2026

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19 min read

The wage trap, explained

$952B in interest. 28 years of postwar inflation. The full mechanism breakdown.

Debyn Benjamin

Macroeconomics

Apr 25, 2026

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20 min read

Your Grocery Bill Has a Hormuz Problem

Full breakdown: fertilizer, cattle, acreage, and the Q3 re-acceleration.

Debyn Benjamin

Macroeconomics

Why Central Banks Are Dumping Treasuries

Apr 18, 2026

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15 min read

Why Central Banks Are Dumping Treasuries

Central banks bought 4,000 tonnes in three years. The data shows where it's going.

Debyn Benjamin

Credit Markets

Apr 11, 2026

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21 min read

Brent Hit $144. Here's What Broke.

Negative equity risk premium. Spreads lagging fundamentals. No cushion left.

Debyn Benjamin

Macroeconomics

Apr 4, 2026

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13 min read

America's 8:1 Balance Sheet Crisis

The Deficit Doom Loop, Failing Auctions, and the Petroyuan Threat

Debyn Benjamin

Labor Market

Mar 28, 2026

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14 min read

The Gig Economy's Recession Ceiling

The gig economy safety net has a ceiling

Debyn Benjamin

Fiscal Policy

The 150-Day Fiscal Cliff: SCOTUS Kills IEEPA Tariffs, Section 122 Creates a Worse Trap

Mar 21, 2026

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30 min read

The 150-Day Fiscal Cliff: SCOTUS Kills IEEPA Tariffs, Section 122 Creates a Worse Trap

When the Supreme Court invalidates emergency tariffs, the pivot to a 150-day emergency measure creates a hard policy cliff that freezes business investment, accelerates consumer credit stress, and forces the Fed into an impossible position by July 24.

Debyn Benjamin

Macroeconomics

Private Credit: The $2 Trillion Stress Test No One Ran

Mar 15, 2026

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20 min read

Private Credit: The $2 Trillion Stress Test No One Ran

How Three Fund Crises Expose the Hidden Bank Connection

Debyn Benjamin

Deep Dive Report

Made in Mexico, Sourced In China

The College Degree Just Became a Bad Trade

Gold Fell 27%. Central Banks Kept Buying.

The iPhone Moved to India. The Value Stayed in China.

The End of Cheap: Why the Price Level Is Not Coming Back

China's Rare-Earth Chokehold: Why the West Cannot Decouple This Decade

The Gray-Zone Ratchet East of Taiwan

The Ceasefire Doesn't End the Squeeze

Europe's Central Bank Is Cornered

Japan Just Broke the Global Bond Market

Why Bond Yields Aren't Falling

The Petrodollar Myth: Why the Dollar Doesn’t Need Oil Anymore

How Oil Shocks Reach Your Portfolio

The Petrodollar Reset — How the Gulf Chose Dollar Deepening Over Yuan Settlement

The wage trap, explained

Your Grocery Bill Has a Hormuz Problem

Why Central Banks Are Dumping Treasuries

Brent Hit $144. Here's What Broke.

America's 8:1 Balance Sheet Crisis

The Gig Economy's Recession Ceiling

The 150-Day Fiscal Cliff: SCOTUS Kills IEEPA Tariffs, Section 122 Creates a Worse Trap

Private Credit: The $2 Trillion Stress Test No One Ran

Benjamin Capital Research