Capital Markets

Cross-border payments are still inefficient, but trust matters most XRP saw the problem early, but did not win the market As payments and capital markets merge, rankings help identify credible leaders The cross-bor

Private capital is becoming a controlling force across education Schools gain funding, but often lose pricing power, data control, and strategic autonomy Policy must shape the terms of private capital in education before the sector is governed by it

Geopolitical shocks now reshape education risk Funding, mobility, and costs are more fragile than they look The Iran episode shows shocks can exceed the models With 6.9 million students now studying abroad and with U.S.

Passive logic suits stable markets, not education now AI and uneven demand reward selective bets Active allocators will adapt and win Within two years, index funds will represent 51% of all US long-term mutual fund

SVB failed because its funding was unstable, not just illiquid In digital banking, stability matters more than static ratios Banks must plan for speed, panic, and rapid outflows Within a day, the deposits of SVB's customers ha