Gold as the ultimate macro hedge / diversifier within a multi-assets portfolio
This might be one of key investment theme of the current decade
Torsten Slok at Apollo is sticking to his view that there will be no US rate cut this year...
Source: Markets & Mayhem, Apollo
Top Companies by Revenue - Now vs. 3 Decades Ago
Source: Visual Capitalist thru Win Smart
The week ahead...
Source: Syz Group
A Pivotal Moment Between the ECB and the Fed?
This week unfolds as a critical juncture for the interest rate disparity between the US and Europe. As the spread between the 5-year US Treasury and EUR swap yields hits its highest level since the pandemic, the upcoming release of US CPI data and the ECB meeting carry the potential to reshape this landscape once again. All eyes are on ECB President Lagarde as she navigates the challenge of maintaining ECB independence from the Fed, especially amidst differing inflation dynamics across the Atlantic. The implications for currency exchange rates, interest rates, and monetary policy are captivating areas to watch closely in the coming days.
It's the liquidity, stupid! Yellen's stealth QE overpowering Powell's QT.
This probably helps risk assets performing well despite high interest rates and qt (Chart via SRP thru HolgerZ)
10 Rules Of IKIGAI.
Source: Seek Wiser
Price cuts in Florida just surged up to the highest level
In http://Realtor.com's data set: 30.1% of all house listings had a price reduction in March 2024. Indicating substantial "selling pressure". Source: Nick Gerli, Re.venture
