Bets of a Kamala Harris nomination are exploding
Disclaimer
This marketing document has been issued by Bank Syz Ltd. It is not intended for distribution to, publication, provision or use by individuals or legal entities that are citizens of or reside in a state, country or jurisdiction in which applicable laws and regulations prohibit its distribution, publication, provision or use. It is not directed to any person or entity to whom it would be illegal to send such marketing material. This document is intended for informational purposes only and should not be construed as an offer, solicitation or recommendation for the subscription, purchase, sale or safekeeping of any security or financial instrument or for the engagement in any other transaction, as the provision of any investment advice or service, or as a contractual document. Nothing in this document constitutes an investment, legal, tax or accounting advice or a representation that any investment or strategy is suitable or appropriate for an investor's particular and individual circumstances, nor does it constitute a personalized investment advice for any investor. This document reflects the information, opinions and comments of Bank Syz Ltd. as of the date of its publication, which are subject to change without notice. The opinions and comments of the authors in this document reflect their current views and may not coincide with those of other Syz Group entities or third parties, which may have reached different conclusions. The market valuations, terms and calculations contained herein are estimates only. The information provided comes from sources deemed reliable, but Bank Syz Ltd. does not guarantee its completeness, accuracy, reliability and actuality. Past performance gives no indication of nor guarantees current or future results. Bank Syz Ltd. accepts no liability for any loss arising from the use of this document.
Related Articles
US interest costs are approaching $1.2 trillion this fiscal year, while the deficit has already reached $1.8 trillion in just 10 months. As Ray Dalio warns, when debt grows faster than the economy, the eventual choices become uncomfortable: higher taxes, spending cuts, financial repression… or more money creation. Meanwhile, gold supply remains remarkably constrained. Central banks bought 860+ tonnes in 2025 and another 244 tonnes in Q1 2026, while mine production increased just 1%. Here’s the fascinating part: Global financial wealth: ~$333 trillion Value of all gold ever mined: ~$31 trillion A mere 1 percentage-point increase in global portfolio allocations to gold would represent roughly $3.3 trillion. That’s almost 6x total annual gold demand. Gold doesn’t need everyone to become bullish. It just needs investors to want slightly more of something that remains scarce. Source: Advait Arora
Monday: • Treasury Secretary Bessent announces new Iran economic measures Wednesday: • 🇺🇸 US PCE inflation • 🇺🇸 US Q2 GDP revision • $NVDA earnings report Thursday: • Bank of Korea interest rate decision • Jackson Hole Symposium begins Friday: • Fed Chair Kevin Warsh speaks at Jackson Hole Source: CryptoTweets
• The US Treasury secretary announces an unprecedented campaign to impose “total financial isolation” on Iran, describing it as an “economic D-Day” following the degradation of Iran’s military and nuclear capabilities. • The strategy extends beyond Iran itself. Washington will target every country, company and financial institution that buys or transports Iranian oil, processes its payments, registers its ships or aircraft, or facilitates sanctions evasion. • Iran’s remaining partners face a binary choice: sever their links with Tehran and retain access to global capital, or risk secondary sanctions, financial isolation and treatment by Washington as “global pariahs”. • The objective is to eliminate every economic lifeline supporting the Iranian regime—potentially weakening it to the point of collapse—while avoiding further direct US military intervention. • The message is also a deterrent: American enforcement is no longer negotiable, and any Iranian attack against US forces or Gulf allies would trigger a rapid and decisive military response. Bottom line: This signals a major escalation from sanctions on Iran to a direct ultimatum against the entire network supporting it—with potentially significant consequences for oil flows, global trade, inflation and relations between the US and Iran’s economic partners.