Economy

The Left Tail and Its Vanishing Act What is the Left Tail? In the lexicon of finance, the ‘left tail’ is a term both ominous and precise. It refers to those rare but ruinous events—market crashes, systemic failures, economic calamities—that lurk at the extreme end of the risk spectrum. Think of the 2008 financial crisis, […]

As the U.S. government fortifies financial markets with a robust safety net, from bond market backstops to sweeping liquidity surges, a daring forecast is electrifying investors: Bitcoin could rocket to $500,000 by the first quarter of 2026, propelled by a manufacturing boom signaled by the Institute for Supply Management’s Purchasing Managers’ Index (ISM) hitting 60.

Introduction The cryptocurrency market, valued at approximately $3 trillion in April 2025, stands at a pivotal moment. Having grown from a niche experiment to a global asset class, its trajectory has been marked by dramatic cycles—surging to $830 billion in 2017 and $3 trillion in 2021, only to face sharp corrections. Now, as the market