23 Jan 2026
Gold would be ~$9,700 if it kept up with M2 To hit $40,000/oz, Gold would need to add about $246 Trillion in market cap from today's levels.
Source: Katusa Research @KatusaResearch
23 Jan 2026
ECB President Christine Lagarde: "Europe is going to do a big SWOT analysis and decide what do we need to do to be strong by ourselves."
Source chart : FT Source image: Reuters
23 Jan 2026
Countries joining Trump's peace board
Source: Rothmus @Rothmus on X
23 Jan 2026
Foreign ownership of US debt rises to an all-time high.
Source: Daniel Lacalle @dlacalle_IA Bloomberg
23 Jan 2026
Yesterday was the 15th straight day that the S&P 500 ($SPY) has failed to outperform the Russell 2000 ($IWM)
IWM is now outperforming SPY by almost 900bps YTD... Source: www.zerohedge.com, Bloomberg
23 Jan 2026
A shocking chart while Gold is flirting with $5,000/oz, it remains historically undervalued versus a 50/50 (S&P 500 / US Treasuries) portfolio
Source: Bloomberg, www.zerohedge.com
23 Jan 2026
The United States now produces more oil than Saudi Arabia and Russia combined
This also explains why oil shocks today tend to be shorter-lived than in the past. There is simply more swing capacity in the system, and a lot of it sits in the US... Source: Jack Prandelli @jackprandelli
23 Jan 2026
That was just another new low today for the Nasdaq100 relative to the Russell2000 small-caps.
Look at that collapse since last summer Source: J-C Parets
