The Grey Swan Investment Fraternity now has members in over 28 countries! That’s not including members of our investor’s network, who also reach into countries such as Russia and China.
Thank you for being a member of our fraternity, and for helping expand the map. We look forward to updating it further!
Grey Swan Investment Fraternity member map as of 12/10/2024
February 11, 2026 • Addison Wiggin
Moody’s Mark Zandi urged restraint. “I wouldn’t exhale,” he wrote. The data coming out of the Bureau of (be)Labor(ed) Statistics (BLS) is still undergoing an overhaul from years of wonky miscalculations.
Downward revisions erased much of last year’s gains. Since April, aggregate job growth has barely moved.
Over the past twelve months, private education and health services added roughly 780,000 jobs. Remove those gains, and the broader economy shed about 350,000 positions.
February 11, 2026 • Addison Wiggin
In 2025, the top 10% of households owned 93% of U.S. stocks, driving wealth concentration to 60-year highs. Those high-income households accounted for nearly 60% of total personal spending by the third quarter of 2025.
Wage disparity and an asset wealth gap define fractious politics in this midterm year. And help explain why both parties appear to be talking only to themselves.
February 10, 2026 • Addison Wiggin
Funds net sold U.S. equities for a fourth straight week, at the fastest clip since the opening chapter of the Trump trade war on April 2, 2025.
Despite that positioning, the indexes pushed higher on Monday.
Dip buyers stepped in after last week’s slide and nudged indexes back toward their highs.
Chipmakers gained ground, and a software ETF tacked on close to 7% across two sessions, a quick counterpoint to the sector’s recent purge. Sameer Samana at Wells Fargo Investment Institute described the move as the market’s reflex after steep selloffs—fast hands cover, slower money watches.
February 10, 2026 • Addison Wiggin
Every ten minutes, the bitcoin network completes another block of transaction data. Another bitcoin miner seeks a reward.
The reward is cut in half every four years, thanks to the “halving protocol” which established the coin’s scarcity algorithm. Next month, total bitcoin supply will hit 20 million, leaving just 1 million left to be mined.
