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Global Markets · · 1 min read

"Two Shocks, One Map"

The week threw everything at the two-country thesis: a Tokyo leverage unwind, a Beijing model that designs chips and an options expiry. The map held, the three stocks to carry it ended the week intact

Edition · July 18, 2026

The full edition of “Two Shocks, One Map” was published on Substack — please read it there:

A short summary:

The week threw everything at the two-country thesis: a Tokyo leverage unwind, a Beijing model that designs chips and an options expiry. The map held, the three stocks to carry it ended the week intact


This stub is auto-published by the Substack watcher. The canonical edition lives on Substack at the link above.