Hank Dennis

September is the month when markets stop trading summer narratives and start pricing the year-end reality. For Q4 2026, that reality is likely to be shaped by four connected forces: the maturity test for crypto, a shifting foreign exchange cycle, uneven commodity demand, and Japan’s role as both a regional growth signal and a global funding anchor. The key question is not whether risk assets can rally into year-end. They often can. The better question is whether the rally has enough support...

Agenda 2030 can sound distant, like something debated in conference rooms far from daily life. In practice, it shows up through familiar issues: energy costs, infrastructure spending, food systems, healthcare goals, retirement portfolios, corporate reporting, and public investment. The agenda itself is not a single law. It is a United Nations framework adopted by member countries in 2015, built around 17 Sustainable Development Goals, often called the SDGs. Those goals cover poverty, hunger,...

Markets have a habit of forcing strange questions into the mainstream. A decade ago, asking whether Bitcoin could sit beside gold sounded extreme. A few years later, asking whether Ethereum could become a settlement layer for internet finance sounded ambitious. Now a different question is starting to feel less strange: if energy powers the digital economy, and water sustains the physical one, what happens when both become more tightly linked to digital money? Crypto investors have spent years...