Deep Dive Report

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

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

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