Is Gold Still the Go-To Fear Hedge
Better hashtag#hedge alternatives? hashtag#Gold as the global fear hedge looks expensive relative to the VIX. Volatility remains somewhat elevated despite the recent pullback tied to the Greenland/Trump headlines, but chasing gold here as protection looks late. Source: TME
Cathie Wood's Ark invest predicts digitalassets could reach $28 trillion by 2030, with Bitcoin dominating at $16 trillion by 2030.
Source: Cointelegraph
Emerging Market stocks now outperforming U.S. equities by the largest margin since 2023
Source: Barchart
The BofA’s Bull & Bear Indicator is still flashing a sell signal (i.e too much bullishness = contrarian sell signal)
Indicators covered: 1) Hedge fund positioning: Bullish 2) Equity inflow: Very Bullish 3) Bond inflows: Bullish 4) Credit market technicals: Bullish 5) Global stock index breadth: Very Bullish 6) FMS global fund manager positioning: Very Bullish Source: BofA, Global Markets Investor
Us inflation is now at 1.2% according to truflation
Source: Anthony Pompliano
Countries With the Most Natural Resources:
1.🇷🇺Russia $75.0 Trillion 2.🇺🇸United States $45.0 Trillion 3.🇸🇦Saudi Arabia $34.4 Trillion 4.🇨🇦Canada $33.2 Trillion 5.🇮🇷 Iran $27.3 Trillion 6.🇨🇳China $23.0 Trillion 7. 🇧🇷Brazil $21.8 Trillion 8.🇦🇺Australia $19.9 Trillion Source: Jack Prandelli
Bond vol matters
SPX vs VXTLT (inverted) needs little commenting. Source: TME
Yesterday was worst cross-asset selloff since April
Source: TME, Bloomberg
