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AI Panic, Risk-Off, and the Dollar at a Crossroads
AI panic is loud. Liquidity is quiet. Last week’s selloff wasn’t just about “white-collar extinction” or SaaSpocalypse headlines. The real driver may be…
Feb 17
•
Rafa Calderon
The Big Scary Rotation
Tech crushed despite strong earnings. Bitcoin breaks structure. BTC vs Gold loses key support. Value quietly takes the lead. This isn’t a crash (yet…
Feb 10
•
Rafa Calderon
1
Warsh-maggedon
One Fed nomination was enough to trigger a violent repricing across markets — silver collapsed, gold reversed, the dollar surged, and Bitcoin broke down…
Feb 3
•
Rafa Calderon
1
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New Year, New Life for Bitcoin?
Jan 5
•
Rafa Calderon
4
Reversal: When “Bad News” Stops Being Bad
Jan 13
•
Rafa Calderon
3
Powell Cuts the Rates That Matter
Jun 14, 2024
•
Rafa Calderon
2
Quo vadis, Crypto?
Mar 29, 2023
•
Rafa Calderon
2
Thank You for Playing, Bro!
Oct 13, 2025
•
Rafa Calderon
1
Sell Mortimer, sell!!
Apr 14, 2024
•
Rafa Calderon
1
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Instability Is Breaking the Dollar Apart (and Lifting Hard Assets)
The market whipped back and forth on tariffs and headlines last week. But the real story isn’t stocks — it’s the dollar. When the dollar loses its…
Jan 26
•
Rafa Calderon
2
2
Early Strength, Real Signals
Markets leave clues early. By watching who leads in the first 10 trading days, we can spot shifts in behavior before narratives form. Small Caps…
Jan 20
•
Rafa Calderon
1
Reversal: When “Bad News” Stops Being Bad
Everyone is talking about stocks. The real money is quietly flowing into gold and silver. All-time highs, no hype, and a world looking for safety. This…
Jan 13
•
Rafa Calderon
3
New Year, New Life for Bitcoin?
Stocks finished the year strong, but gold quietly stole the show. Measured against hard assets, U.S. equities look far less impressive—and global…
Jan 5
•
Rafa Calderon
4
Equities Heal, Bitcoin Hopes, and AI Pulls Ahead
This week I look at a market that’s stabilizing, an AI trade that refuses to slow down, and a Bitcoin market that still needs a spark. Lower liquidity…
Dec 22, 2025
•
Rafa Calderon
Liquidity Leads, Crypto Lags
Liquidity is easing. Stocks are at new highs. Gold already moved.Crypto didn’t, and that’s not a mistake.Why Bitcoin tends to lag liquidity cycles, and…
Dec 16, 2025
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Rafa Calderon
1
THE CUT, THE CANARY, AND THE SANTA RALLY
A 25 bps cut, a fragile labor market, and Oracle playing canary in the AI-data-center coal mine. If you want to understand what drives the next leg in…
Dec 8, 2025
•
Rafa Calderon
1
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The Orange Bull: Crypto Ruminations
Where crypto meets macro | Distilling the signal from the noise in the markets
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