Peterson Institute for International Economics dropped some seriously interesting research this past year. While tariffs dominated the headlines, their most cited work actually covered way more ground—digging into Argentina's economic restructuring, NATO's defense spending debates, and the mechanics of Eurobonds in a shifting global landscape.

These aren't just academic exercises. The tariff question alone shaped everything from supply chains to asset allocation strategies. But the Argentina angle? That's been a fascinating case study in austerity and currency policy. Meanwhile, NATO spending discussions hit different when you're watching geopolitical tensions reshape capital flows.

Eurobonds deserve special attention too—essentially the EU's answer to coordinated fiscal stimulus. The interplay between these three areas gives you a pretty solid read on where global financial policy is heading.

If you're trying to understand macro trends beyond just crypto markets, this research actually matters. The broader economic backdrop always filters down to how we think about asset classes and risk.