ChinArb

The Physics of the Great Bifurcation

Why Global Macro is Broken

Wall Street focuses on Fed rate cuts and currency fluctuations. They are watching the Financial Layer. I track the Bill of Materials (BOM), port throughput, and industrial kilowatt-hours. I watch the Physical Layer.

In a world where geopolitics is rewriting supply chains, the old models are failing. You cannot understand the trade war by reading political slogans; you can only understand it by calculating industrial physics.

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