Nik's Monday Letters

The 1951 Treasury-Fed Accord & Pax Silica

Bessent hosts Warsh and the G20 in North Carolina to set the terms.

Aug 31 • Nik Bhatia

Bessent's War: Operation Economic Outcast; Bitcoin Reclaims $80,000

The most consequential speech of the 2026 global geopolitical scene goes to the Treasury Secretary. TBL Liquidity helping Pros achieve outperformance.

Aug 25 • Nik Bhatia

5 Macro Frameworks We Use To Design Our Portfolio

If you're ready to understand how to use global macro in order to make the best investment decisions, this is the perfect guide.

Aug 18 • Nik Bhatia

TBL Liquidity Signal, Bitcoin Unchanged Trailing Six Months AND Two Years

ESSENTIAL TBL Liquidity update. If you're still long bitcoin here, you just might be rewarded for your patience. At least if history is our guide.

Aug 10 • Nik Bhatia

Bitcoiners, Where Do We Go From Here?

Article brought to you by:

Aug 4 • Nik Bhatia

Stocks Keep Crashing (In Korea!)

AI valuations finally coming down, what higher Treasury yields really mean, and why bitcoin could be reacting to currency devaluations.

Jul 28 • Nik Bhatia

Bitcoin Looking Constructive While Macro Frowns

A confirmed Red Dot appears alongside some pretty solid bitcoin price action. Our TBL Model Portfolio tracker is here!

Jul 21 • Nik Bhatia

The War Is Un-Over, and So Is "The Calm"

My read on deep value bitcoin, TBL Liquidity, Korea, and US Treasuries.

Jul 14 • Nik Bhatia

Trader Notes: Watching for a Financial Crisis

Saylor activity, a dangerous DXY, US company earnings growth that will take your breath away, and long-term bitcoin price action and technical analysis.

Jun 8 • Nik Bhatia

Inflation Heat and IPOs Hitting Bitcoin

On-off negotiations moving oil, ISM and inflation are HOT, and Anthropic files for IPO. A new TBL Model Portfolio with bitcoin options and AI picks…

Jun 1 • Nik Bhatia

Are Global Bond Bailouts Next?

Scary action in global bond markets. G7 meeting in Paris. The AI bubble. US-China relations. One bitcoin chart.

May 18 • Nik Bhatia

Layered Money Update: The Token Layer

Revelations about the AI revolution's impact on bitcoin and the global economy continue.

May 11 • Nik Bhatia

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