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Bank Syz Ltd. accepts no liability for any loss arising from the use of this document. ## **Slow food** for thought Insights and research on global events shaping the markets - [All](https://blog.syzgroup.com/slow-food-for-thought) - [Focus](https://blog.syzgroup.com/slow-food-for-thought/tag/focus) - [Asset Allocation Insights](https://blog.syzgroup.com/slow-food-for-thought/tag/asset-allocation-insights) - [Market Outlook](https://blog.syzgroup.com/slow-food-for-thought/tag/market-outlook) [Focus](https://blog.syzgroup.com/slow-food-for-thought/tag/focus) #### [The El Niño effect](https://blog.syzgroup.com/slow-food-for-thought/the-el-niño-effect) Just as markets are moving past energy inflation, geopolitical risk and sticky central banks, another source of volatility is building in the Pacific, under the name of El Niño. **[Charles-Henry Monchau, CFA, CMT, CAIA](https://blog.syzgroup.com/slow-food-for-thought/author/charles-henry-monchau)** | 23/06/2026 [Focus](https://blog.syzgroup.com/slow-food-for-thought/tag/focus) #### [Hyperliquid, the decentralised exchange challenging crypto’s giants and building a bridge to traditional finance](https://blog.syzgroup.com/slow-food-for-thought/hyperliquid-the-decentralised-exchange-challenging-cryptos-giants-and-building-a-bridge-to-traditional-finance) The most interesting crypto story of 2026 is not the loudest one. Built by an eleven-person team with no outside investors, Hyperliquid has become one of the dominant trading venues in digital assets. But it is also extending on-chain trading into traditional market exposures. On the platform, users can take positions on oil, gold, indices, tokenised equities such as Tesla or Nvidia, and even synthetic exposure to SpaceX before its public listing. **[Charles-Henry Monchau, CFA, CMT, CAIA](https://blog.syzgroup.com/slow-food-for-thought/author/charles-henry-monchau)** | 16/06/2026 [Focus](https://blog.syzgroup.com/slow-food-for-thought/tag/focus) #### [Will the IPO wave derail equities?](https://blog.syzgroup.com/slow-food-for-thought/will-the-ipo-wave-derail-equities) It is probably the question landing most often on desks right now. The fear is easy to understand. A record pipeline of mega-listings is arriving into a market that is already stretched and heavily concentrated in AI, and the capital needed to absorb that supply has to come from somewhere. The history and the demand backdrop all argue that the fear is largely misplaced, yet the real risk is not the one investors are focusing on. **[Charles-Henry Monchau, CFA, CMT, CAIA](https://blog.syzgroup.com/slow-food-for-thought/author/charles-henry-monchau)** | 11/06/2026 [Focus](https://blog.syzgroup.com/slow-food-for-thought/tag/focus) #### [How GPUs are becoming the hottest asset class](https://blog.syzgroup.com/slow-food-for-thought/how-gpus-are-becoming-the-hottest-asset-class) Not long ago, GPU chips were a gamer's luxury. Today, they are rapidly evolving into a distinct asset class, one that investors can finance, collateralize, lease, and even treat as yield-generating infrastructure. **[Charles-Henry Monchau, CFA, CMT, CAIA](https://blog.syzgroup.com/slow-food-for-thought/author/charles-henry-monchau)** | 09/06/2026 [Focus](https://blog.syzgroup.com/slow-food-for-thought/tag/focus) #### [How AI will reshape wealth management career paths](https://blog.syzgroup.com/slow-food-for-thought/how-ai-will-reshape-wealth-management-career-paths) A senior advisor at a US practice recently got back four to six hours of her week. Not through a restructuring or thanks to a new hire, but through automation that now handles what used to be meeting preparation. She spent those hours with clients. Her book grew. That story is quietly repeating itself across the industry, and it is just the beginning of what becomes possible. **[Charles-Henry Monchau, CFA, CMT, CAIA](https://blog.syzgroup.com/slow-food-for-thought/author/charles-henry-monchau)** | 02/06/2026 [Focus](https://blog.syzgroup.com/slow-food-for-thought/tag/focus) #### [SpaceX’s next mission leads to Wall Street](https://blog.syzgroup.com/slow-food-for-thought/spacexs-next-mission-leads-to-wall-street) This June, SpaceX is expected to list on Nasdaq at a valuation of $1.75 trillion, surpassing Saudi Aramco's 2019 debut as the largest IPO on record. Welcome to the most audacious IPO ever attempted. **[Charles-Henry Monchau, CFA, CMT, CAIA](https://blog.syzgroup.com/slow-food-for-thought/author/charles-henry-monchau)** | 27/05/2026 [Focus](https://blog.syzgroup.com/slow-food-for-thought/tag/focus) #### [From Made in China to Made by China](https://blog.syzgroup.com/slow-food-for-thought/from-made-in-china-to-made-by-china) The country America tried to contain through tariffs and chip export bans has become the world’s fastest-growing AI market, largest EV exporter, and a formidable rival in the very technologies the West sought to keep out of reach. As Donald Trump landed in Beijing on May 13th for his high-stakes summit with Xi Jinping, the symbolism mattered as much as the outcome. **[Charles-Henry Monchau, CFA, CMT, CAIA](https://blog.syzgroup.com/slow-food-for-thought/author/charles-henry-monchau)** | 19/05/2026 [Focus](https://blog.syzgroup.com/slow-food-for-thought/tag/focus) #### [Japan's hidden sovereign wealth fund](https://blog.syzgroup.com/slow-food-for-thought/japans-hidden-sovereign-wealth-fund) Why the world's most indebted country is also one of its largest equity investors **[Charles-Henry Monchau, CFA, CMT, CAIA](https://blog.syzgroup.com/slow-food-for-thought/author/charles-henry-monchau)** | 12/05/2026 [Focus](https://blog.syzgroup.com/slow-food-for-thought/tag/focus) #### [Too big to f-AI-l](https://blog.syzgroup.com/slow-food-for-thought/too-big-to-f-ai-l) The AI story has been one of relentless momentum. ChatGPT marked the first chapter, transforming OpenAI into the central force behind the industry’s expansion. The company now faces the challenge of supporting the scale of investment behind it. **[Charles-Henry Monchau, CFA, CMT, CAIA](https://blog.syzgroup.com/slow-food-for-thought/author/charles-henry-monchau)** | 05/05/2026 [Focus](https://blog.syzgroup.com/slow-food-for-thought/tag/focus) #### [The 25-year-old who bet on AI’s infrastructure](https://blog.syzgroup.com/slow-food-for-thought/the-25-year-old-who-bet-on-ais-infrastructure) Major infrastructure trades often look obvious only after the fact. Railroads created fortunes not just through transport, but through the land and networks built around them. Undersea fibre cables were once seen as overcapacity before becoming the backbone of the internet. Investors who identify the infrastructure layer before the applications fully emerge tend to be early to the real value creation. Leopold Aschenbrenner, a former OpenAI safety researcher with no traditional finance background, appears to have identified such an opportunity. **[Charles-Henry Monchau, CFA, CMT, CAIA](https://blog.syzgroup.com/slow-food-for-thought/author/charles-henry-monchau)** | 28/04/2026 [❮](https://blog.syzgroup.com/slow-food-for-thought/author/charles-henry-monchau/page/2) [1](https://blog.syzgroup.com/slow-food-for-thought/author/charles-henry-monchau/page/1) [2](https://blog.syzgroup.com/slow-food-for-thought/author/charles-henry-monchau/page/2) [3](https://blog.syzgroup.com/slow-food-for-thought/author/charles-henry-monchau/page/3) [4](https://blog.syzgroup.com/slow-food-for-thought/author/charles-henry-monchau/page/4) [5](https://blog.syzgroup.com/slow-food-for-thought/author/charles-henry-monchau/page/5) [❯](https://blog.syzgroup.com/slow-food-for-thought/author/charles-henry-monchau/page/4) ## Straight from the Desk # Syz the moment Live feeds, charts, breaking stories, all day long. 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