PENSION FUNDS

Long-horizon institutional investors that manage risk budgets.

Predictions & track record (3)

• Awaiting grading The US and Japan bought yen together, and what the market fears is the yen rising furtherScore as a hit if the CFTC weekly report for 30 September 2026 shows the speculative net short in yen below 60,000 contracts, and as a miss at or above that level.
• Awaiting grading Global household wealth hit a record $570 trillion. Only a fifth of the increase was newly created.Score as a hit if the US personal saving rate published through the end of September rises above 3%, showing households absorbing assets with their own money, and as a miss if it stays in the 2% range while Asian margin balances keep falling.
• Awaiting grading Funds that lend directly to Asian companies just raised the least in 12 years. Where did the money go?Q2 2026 Asia private credit fundraising/dealmaking was already reported muted (Mondaq, July 2026). Check the Q3 2026 Asia private credit tallies, due by early November 2026, for whether US fundraising also fell (asset class cooled) or held/grew while only Asia kept shrinking (capital relocation).

5 related posts

• Watch The US and Japan bought yen together, and what the market fears is the yen rising further 메르 (ranto28) · 2026-08-05
• Watch Global household wealth hit a record $570 trillion. Only a fifth of the increase was newly created. The Kobeissi Letter (@KobeissiLetter) · 2026-08-03
• Bear Funds that lend directly to Asian companies just raised the least in 12 years. Where did the money go? The Kobeissi Letter (@KobeissiLetter) · 2026-07-28
• Watch The semiconductor bear case hasn't changed in months. So why is the selling happening now? Jukan (@jukan05) · 2026-07-27
• Watch SpaceX's bonds crater weeks after the IPO: the credit market's warning to Musk 메르 (ranto28) · 2026-07-20