https://marginalthinking.org/Independent research on macroeconomics, political economy, geopolitics, capital and power.enTue, 15 Sep 2026 16:01:09 GMThttps://marginalthinking.org/reports/2026/09/2026-09-15-global-macro.htmlhttps://marginalthinking.org/reports/2026/09/2026-09-15-global-macro.htmlTue, 15 Sep 2026 11:12:00 GMTOil at US$107–108, the 10-year Treasury up to 5.04% and a strong dollar turn the energy disruption into a cost-of-capital shock; credit still does not confirm a systemic crisis.https://marginalthinking.org/reports/2026/09/2026-09-15-global-wealth-flow-weekly.htmlhttps://marginalthinking.org/reports/2026/09/2026-09-15-global-wealth-flow-weekly.htmlTue, 15 Sep 2026 04:42:31 GMTCapital continues to gravitate toward U.S. assets while states diversify buffers and productive capital migrates toward energy, mineral processing and AI infrastructure.https://marginalthinking.org/reports/2026/09/2026-09-15-global-wealth-power-flows.htmlhttps://marginalthinking.org/reports/2026/09/2026-09-15-global-wealth-power-flows.htmlTue, 15 Sep 2026 04:42:40 GMTGlobal financial wealth remains anchored in the United States while sovereign capital, mineral processing, chips, data centers and electricity reshape the capture of future income.https://marginalthinking.org/reports/2026/09/2026-09-15-global-wealth-power-map-2025.htmlhttps://marginalthinking.org/reports/2026/09/2026-09-15-global-wealth-power-map-2025.htmlTue, 15 Sep 2026 04:02:09 GMTWhere global wealth is concentrated, who controls the bottlenecks required to produce future wealth, and how capital, resources, technology and economic power are migrating.https://marginalthinking.org/reports/2026/09/2026-09-14-global-macro.htmlhttps://marginalthinking.org/reports/2026/09/2026-09-14-global-macro.htmlMon, 14 Sep 2026 23:00:00 GMTA supply shock, the 10-year Treasury at 5%, a semiconductor correction, weak Chinese credit and Brazil's election enter the same transmission map.