The Emergence of Gold in a Multipolar World

Fundamentally, a dollar rally is applying downward pressure on gold, but it’s also building strength behind the curtain. A stronger dollar increases debt-servicing costs for foreign borrowers, tightens global market liq…

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French economy grew 0.2 percent in second quarter

The war in Ukraine led to a rapid deterioration of the Euro Area economic outlook. As a result, The Conference Board downgraded estimates for growth for 2022 and 2023. Before the war, GDP growth in the Euro Area was exp…

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How NDIV Generates Income in Volatile Markets

Oil markets have entered a period of heightened volatility. Geopolitical tensions, shifting supply expectations, and uncertain demand forecasts continue to weigh on investor sentiment. This environment can make traditio…

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Flashing Yellow Light Guides Three Rules

Since our last ‘Three Tactical Rules’ update on June 9th, the S&P 500 is up less than one percent. The stagnation by the equity index has been due to the cooling of the AI trade. Like the S&P 500, the Three Rules have a…

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Cryptocurrencies: Bitcoin Inches Down 4% This Week

This weekly update tracks some of the largest cryptocurrencies by market share: Bitcoin and Ether. While both are considered high-risk assets, they possess foundational differences that investors should understand. We h…

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Reprogramming the Fed’s Reaction Function

The month following Fed Chair Warsh’s first meeting has seen no shortage of drama, as U.S./Iran hostilities resumed (then paused again), inflation surprised to the downside, and the market ascribed an increasing probabi…

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