Trade Secrets
Trade Secrets: Dailies 04.14.2026
US stock futures were largely steady on Monday evening after a rally driven by hopes of a potential diplomatic breakthrough between the US and Iran.
Jack of All Trades
GS beat EPS ($17.55 vs $16.47) but FICC missed $830M and credit provision hit $315M (2× est.). FAST in-line but gross margin −50 bps at premium valuation. SKORE: GS 6.4 Hold · FAST 6.2 Hold.
Trade Secrets
US stock futures slid sharply Sunday evening after President Donald Trump said the US would move to block all maritime traffic through the Strait of Hormuz, following the collapse of weekend negotiations between Washington and Tehran.
Jack of All Trades
CPI +3.3% YoY (energy-driven, core +2.6% beat), best week since May (+3.56% S&P). WDFC beat on revenue (+11%) and EPS (+14% apples-to-apples), guidance reaffirmed, 7 insiders buying; PLCE FY sales −12.8%, Q4 −19.4%, gross margin 29.9%. SKORE: WDFC 6.8 Buy · PLCE 2.2 Avoid.
New Zealand enters 2026 in recovery mode after a technical recession in 2023–24 driven by aggressive RBNZ rate hikes, a cost-of-living squeeze, and weak consumer confidence.
I’m going to share the smartest post I’ve seen the whole year. I saw it the other day and for some reason I got distracted and didn’t copy it for you. I’m paraphrasing but it goes something like this: if you want to make money, be sure to look in places where nobody else is looking.
As blockspace scales and transaction costs fall, differentiation between chains is shifting from cost to use-case specialization.
The Goldilocks macro environment that opened 2026 ended on 28 February. US-Israel strikes on Iran triggered the largest oil supply disruption on record. Growth forecasts cut. Inflation forecasts raised. The stagflation risk is back — with less ammunition to fight it.
Iran enters 2026 as one of the most paradoxical economies in the world — possessing the 4th largest oil reserves globally and significant industrial capacity, yet operating under a comprehensive sanctions regime that has severed it from the global financial system
By the end of February 2026, the global economy remains resilient but increasingly uneven, with growth concentrated in a small number of regions and sectors while others continue to struggle with structural constraints.
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