Prepared by: E.R.A. OF CHANGES Editorial TeamReviewed and edited by: Nikolai Fainizky, CEO & Senior Analyst, E.R.A. OF CHANGES Executive Summary Blockchain adoption in the corporate world has stopped being a question of belief and become a...
Prepared by: E.R.A. OF CHANGES Editorial TeamReviewed and edited by: Nikolai Fainizky, CEO & Senior Analyst, E.R.A. OF CHANGES Executive Summary Aluminium is the only major industrial metal whose price is set primarily by something other...
Prepared by: E.R.A. OF CHANGES Editorial TeamReviewed and edited by: Nikolai Fainizky, CEO & Senior Analyst, E.R.A. OF CHANGES Executive Summary Bitcoin enters the final quarter of 2026 trading near $81,800, roughly 35% below the October...
Prepared by: E.R.A. OF CHANGES Editorial TeamReviewed and edited by: Nikolai Fainizky, CEO & Senior Analyst, E.R.A. OF CHANGESExecutive SummaryMost recessions and financial crises do not arrive as sudden events. They announce themselves...
Prepared by: E.R.A. OF CHANGES Editorial TeamReviewed and edited by: Nikolai Fainizky, CEO & Senior Analyst, E.R.A. OF CHANGESExecutive SummaryGlobal liquidity describes the availability of money, credit, and financing capacity across the...
Prepared by: E.R.A. OF CHANGES Editorial TeamReviewed and edited by: Nikolai Fainizky, CEO & Senior Analyst, E.R.A. OF CHANGESExecutive SummaryThe most common mistake in portfolio construction is not picking the wrong asset; it is building...
Prepared by: E.R.A. OF CHANGES Editorial TeamReviewed and edited by: Nikolai Fainizky, CEO & Senior Analyst, E.R.A. OF CHANGESExecutive SummaryOil is simultaneously a physical commodity, a macroeconomic indicator, a geopolitical asset, a...
Prepared by: E.R.A. OF CHANGES Editorial TeamReviewed and edited by: Nikolai Fainizky, CEO & Senior Analyst, E.R.A. OF CHANGESExecutive Summary For most of the post-Bretton Woods era, it was reasonable to treat “global inflation” as a...
Prepared by: E.R.A. OF CHANGES Editorial TeamReviewed and edited by: Nikolai Fainizky, CEO & Senior Analyst, E.R.A. OF CHANGESExecutive SummaryEvery month investors are hit with GDP, CPI, payrolls, PMI, retail sales, housing starts,...
Prepared by: E.R.A. OF CHANGES Editorial TeamReviewed and edited by: Nikolai Fainizky, CEO & Senior Analyst, E.R.A. OF CHANGESExecutive Summary E.R.A. OF CHANGES set its end-2026 gold price target at $3,100–$3,200 per ounce. Gold traded...
Prepared by: E.R.A. OF CHANGES Editorial TeamReviewed and edited by: Nikolai Fainizky, CEO & Senior Analyst, E.R.A. OF CHANGESExecutive Summary The dominant question in geopolitical research on Taiwan, “will China invade?”, is the wrong...
Prepared by: E.R.A. OF CHANGES Editorial TeamReviewed and edited by: Nikolai Fainizky, CEO & Senior Analyst, E.R.A. OF CHANGESExecutive Summary For three years, China’s debt story has been told primarily through the lens of Evergrande,...
Prepared by: E.R.A. OF CHANGES Editorial TeamReviewed and edited by: Nikolai Fainizky, CEO & Senior Analyst, E.R.A. OF CHANGESExecutive Summary E.R.A. estimates a 35 to 40 percent probability of a U.S. recession developing within the next...
Prepared by: E.R.A. OF CHANGES Editorial TeamReviewed and edited by: Nikolai Fainizky, CEO & Senior Analyst, E.R.A. OF CHANGES.....De-dollarization is real. What it is not is a clean, linear process that ends with the dollar being replaced...
"Era of Change" Report for May–August 2026: 298 market ideas, 235 closed scenarios, and +580.41% total P&L. Attached is an anonymized line-by-line breakdown with direct links to the original publications. Statement · May–August 2026 Four...
Prepared by: E.R.A. OF CHANGES Editorial TeamReviewed and edited by: Nikolai Fainizky, CEO & Senior Analyst, E.R.A. OF CHANGES.Bitcoin has historically moved through multi-year expansion and contraction cycles that roughly follow its...
Prepared by: E.R.A. OF CHANGES Editorial TeamReviewed and edited by: Nikolai Fainizky, CEO & Senior Analyst, E.R.A. OF CHANGES....Emerging markets get sold on growth (younger populations, rising incomes, industrialization, expanding...
Prepared by: E.R.A. OF CHANGES Editorial TeamReviewed and edited by: Nikolai Fainizky, CEO & Senior Analyst, E.R.A. OF CHANGESThis scoreboard is E.R.A.'s own review of the calls selected for this report. Status labels and percentages...
Prepared by: E.R.A. OF CHANGES Editorial TeamReviewed and edited by: Nikolai Fainizky, CEO & Senior Analyst, E.R.A. OF CHANGES...Spot Bitcoin ETFs opened Bitcoin to traditional financial infrastructure, but ETF inflows do not automatically...
Prepared by: E.R.A. OF CHANGES Editorial TeamReviewed and edited by: Nikolai Fainizky, CEO & Senior Analyst, E.R.A. OF CHANGES...“Is cryptocurrency regulated?” is the wrong question, and it’s worth saying that plainly before going any...
