Newsletter - Beta
Markets & Finance
June 26, 2026
June 26, 2026
This brief examines the Bloomberg report "Chinese Hedge Funds Warn the AI 'Super Bubble' Is Ready to Burst," published on June 26, 2026, that publicly named two Chinese hedge funds flagging global AI-related equities as a "super bubble" [[1 | Bloomberg]]. Reporting in late May and early-to-mid June 2026 from Bloomberg,…
On June 25, 2026, a16z crypto published Inside Asia's Institutional Blockchain Race: The South Korea Edition, an institutional mapping of South Korean banks, securities firms, internet platforms, fintechs, regulators, and infrastructure providers that, in the firm's frame, are turning digital assets and tokenization…
On June 24, 2026, Bloomberg published a story under the headline "Hedge Fund Targets $500 Million for El Nino Crop Risk Trade" describing an unnamed Australian-backed hedge fund building a special-purpose vehicle to trade commodities exposed to a developing "super El Nino" weather pattern [[1 - Bloomberg]]. Two days la…
On June 25, 2026, Reformation Inc. (NYSE: REF) publicly filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission, ending years of speculation about the Los Angeles-based sustainable womenswear brand going public [[1 • SEC EDGAR]]. The filing - the first fully-detailed disclosure of th…
By the close of trading on June 26, 2026, the prevailing Federal Reserve policy narrative has decisively tilted hawkish relative to where markets stood two weeks earlier. The catalyst sequence began on June 16-17, when Kevin Warsh chaired his first Federal Open Market Committee (FOMC) meeting and delivered a unanimous…
On Thursday, June 25, 2026, the U.S. rates market reacted to the May Personal Consumption Expenditures (PCE) price index release with a measured bond rally and a clear reduction in the near-term probability of a Federal Reserve rate hike. Headline PCE came in at +0.4% month-over-month, in line with the Dow Jones consen…
The central question for this brief is whether Hong Kong's regulatory architecture, centred on the Securities and Futures Commission (SFC), the Hong Kong Monetary Authority (HKMA), and the Anti-Money Laundering and Counter-Terrorist Financing Ordinance (AMLO) reform pipeline, is successfully drawing institutional crypt…
On June 25, 2026, Chinese regulators asked the country's domestic credit rating agencies to formally review the concentration of AAA ratings in the bond market, marking what analysts called the most concrete intervention yet to address structural rating inflation that has long eroded the informativeness of onshore cred…
On 25 June 2026, S&P Global Market Intelligence published an analysis titled "EU private equity investment in local AI companies soars to $6.8B in 2025", written by Noreen Izabel Jazul and Shambhavi Gupta. The headline figure - $6.8 billion deployed into EU-headquartered AI businesses by EU-domiciled private equity and…
On June 24-25, 2026, Variety and four other major trade publications broke the news that HarbourView Equity Partners had acquired the publisher's share of a curated tranche of songs from Wolf Cousins, the Los Angeles-based songwriting and production collective co-founded by Max Martin (Karl Martin Sandberg) and Shellba…