| 01 | Iran War / Sanctions Escalation Iran conflict escalation driving oil supply disruption, sanctions contagion, defense sector tailwinds, and regional EM/funding stress amplification. | THEMATIC | | Strengthening | +1.6σ | | | Refreshed from ENPI, CEMI, EMFI by the scheduled narrative pipeline; Desk reloads this feed every 60s. | 8m | ▸ |
| 02 | Power Bottleneck Power and grid constraints driven by AI/electrification demand versus infrastructure supply. | THEMATIC | | Strengthening | +1.6σ | | | Refreshed from ENPI, CEMI, CRSI by the scheduled narrative pipeline; Desk reloads this feed every 60s. | 7m | ▸ |
| 03 | Inflation Cooling Cooling inflation pressure with improving duration and risk pricing. | STRUCTURAL | | Stable | -0.1σ | | | Refreshed from CCSI, CRSI, MSPM by the scheduled narrative pipeline; Desk reloads this feed every 60s. | 9m | ▸ |
| 04 | Biomedical Innovation Gene therapy, precision medicine, medtech, and surgical robotics — the convergence of AI and biology. | STRUCTURAL | | Strengthening | +0.9σ | | | Refreshed from BPHI, CRSI, RACI by the scheduled narrative pipeline; Desk reloads this feed every 60s. | 8m | ▸ |
| 05 | GLP-1 & Peptide Revolution Obesity drugs reshaping healthcare, consumer spending, and food economics — LLY/NVO dominance plus a widening challenger slate. | STRUCTURAL | | Strengthening | +1.4σ | | | Refreshed from GLPI, BPHI, CRSI by the scheduled narrative pipeline; Desk reloads this feed every 60s. | 8m | ▸ |
| 06 | Biology Data Platforms Clinical, genomic, and longitudinal health-data platforms become the scarce input layer for AI-enabled medicine. | STRUCTURAL | | Strengthening | +0.8σ | | | Refreshed from BPHI, CRSI, RACI by the scheduled narrative pipeline; Desk reloads this feed every 60s. | 8m | ▸ |
| 07 | AI Infrastructure Buildout Secular AI capex cycle across compute demand, chip supply, power infrastructure, and financing conditions. | STRUCTURAL | | Strengthening | +1.0σ | | | Refreshed from ENPI, CRSI, ASPI by the scheduled narrative pipeline; Desk reloads this feed every 60s. | 9m | ▸ |
| 08 | Nuclear Renaissance Return of nuclear power as baseload for AI, electrification, and energy security — uranium tightening, SMR deployment, and utility demand. | STRUCTURAL | | Strengthening | +0.9σ | | | Refreshed from PWGI, NURI, ETSI by the scheduled narrative pipeline; Desk reloads this feed every 60s. | 7m | ▸ |
| 09 | Soft Landing Growth resilience with contained stress and supportive risk appetite. | STRUCTURAL | | Strengthening | +0.5σ | | | Refreshed from SPSI, RSKP, CRSI by the scheduled narrative pipeline; Desk reloads this feed every 60s. | 9m | ▸ |
| 10 | Stablecoin Payment Rails Stablecoins moving from crypto trading collateral into payment, settlement, and cross-border transaction infrastructure. | STRUCTURAL | | Fragile | -1.2σ | | | Refreshed from CMAI, CRSI, BTLI by the scheduled narrative pipeline; Desk reloads this feed every 60s. | 7m | ▸ |
| 11 | Digital Infrastructure & Cloud Enterprise SaaS, cybersecurity, telecom buildout, and cloud spending — the picks-and-shovels of the digital stack. | STRUCTURAL | | Fragile | -0.6σ | | | Refreshed from NTII, CRSI, CBRI by the scheduled narrative pipeline; Desk reloads this feed every 60s. | 7m | ▸ |
| 12 | Crypto Miners to AI Compute Bitcoin miners with power contracts and data-center shells converting capacity toward AI and high-performance compute. | STRUCTURAL | | Fragile | -1.7σ | | | Refreshed from PWGI, CRSI, CMAI by the scheduled narrative pipeline; Desk reloads this feed every 60s. | 7m | ▸ |
| 13 | Semiconductor Supercycle Beyond AI — the broader fab buildout, memory recovery, and equipment capex wave across the semi cycle. | STRUCTURAL | | Stable | +0.1σ | | | Refreshed from SEMI, CRSI, INMI by the scheduled narrative pipeline; Desk reloads this feed every 60s. | 7m | ▸ |
