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Market Notes
Opinion pieces on long-term market trends


The Modern Energy Problem
Energy is not merely a technical problem to be solved by engineers or policymakers. It is the foundation of human civilization itself. Every meaningful expansion in prosperity from agriculture to industrialization to the digital age, has been powered by access to greater quantities of reliable energy.

Gregory Chassapis
Mar 304 min read


Why Long-Term “De-Dollarization” Matters for U.S. Equity Investors
The U.S. dollar has been the world’s reserve currency since the end of World War II, anchoring global trade, finance, and reserves. Often referred to as the backbone of the modern financial system, this privileged status has delivered enormous benefits to the U.S. economy. And while the dollar remains dominant, recent trends such as central bank diversification, rising gold purchases, U.S.-led geopolitical tensions, and China’s promotion of alternatives, have reignited discus

Gregory Chassapis
Jan 223 min read


Can the U.S. Reshore Solar Manufacturing?
If the U.S. can align its industrial policy, accelerate innovation, and build a workforce for the solar economy, it may not need to match China panel-for-panel. It just needs to offer its innovators a better version of the future.

Gregory Chassapis
Nov 3, 20254 min read


On The Future
The story of human ingenuity and innovation is a fascinating one. It spans millions of years and hundreds of thousands of evolutionary and revolutionary developments. And that is why it is clear to us that we live in the most exciting time in history.

Gregory Chassapis
Sep 30, 20252 min read
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