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Scenarica

Scenarica traces the consequential developments of our moment, from mechanism to structural shift, closing each piece with a probability-weighted scenario set. We don't predict the future. We price it.

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Substack
PricingOnly free issuesPublishesDaily
Issues573Founded5 months agoLast Issue7 days ago
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Latest Issues

Fifteen Days Before the Roadshow

The rule runs to a single sentence and it lives in the procedures of the SEC’s Division of Corporation Finance, where it has sat since 2017 and where it was widened in March 2025 to reach every issuer rather than only the small ones. A comp...

7 days ago

Rockets and Feathers

Four.

That is the figure the Federal Trade Commission’s Bureau of Economics attached to American petrol pricing in a 2010 study: retail prices at the pump rise more than four times as fast as they fall. The literature has a name for it, ta...

7 days ago

Everyone Can See It and Nobody Can Leave

THE SCENARICA SUNDAY

There is a rectangle of etched silicon, smaller than a playing card, sitting in a rack inside a building with no windows and a great deal of cooling. You have almost certainly never seen one. On the thirty-first of Jul...

8 days ago
7

The Standing Instruction

Almost nothing that happened this week was decided this week. The deciding was done years ago, written into a filing, a policy document, a rebalancing band or a field on a form, by people who have long since moved on, and the events merely...

9 days ago
7

The Layoffs Are the Small Number

Irene Chang started applying for entry-level data analyst jobs in September of last year, eight months before she finished her degree. By the time she spoke to NPR in the middle of August, she put the running count at roughly four hundred a...

10 days ago
1

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  • Scenarica

    Scenarica traces the consequential developments of our moment, from mechanism to structural shift, closing each piece with a probability-weighted scenario set. Built for readers who take the world seriously. We don't predict the future. We price it.

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