HEDGE MACRO

MAR 20, 2026Blockworks

Escalating Energy Shock Exposing Central Bank Limits | Weekly Roundup

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Central bank policy paralysis - The Fed and global peers are trapped between mounting energy-driven inflation and the risk of economic stagnation as rate expectations shift.
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Underestimated energy contagion - Geopolitical disruptions and potential export bans are creating second-order effects across commodities and currencies that the market has yet to fully price in.
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Fragile equity positioning - Geographic imbalances and deteriorating trade balances have left risk assets vulnerable to a global domino effect if energy volatility persists.

MAR 16, 2026Scott Melker

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Bitcoin as a macro hedge - BTC is testing the $74,000 level as investors flee traditional equities due to weak economic data and mounting geopolitical risks.
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The institutional pivot - Massive ETF innovation and growing adoption by wealthy investors are transforming digital assets into a permanent fixture of global finance.
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Signs of capital rotation - Emerging cracks in legacy markets suggest a major liquidity shift where capital is rotating out of stocks and into crypto assets.