It has been a few days since we last discussed one of the hottest topics in the market and on everyone’s lips: the relentlessly rising price of gold. Yesterday, gold closed up 3.79%, reaching USD 4,959. Gold is not the only commodity whose price chart is taking on a parabolic or near-vertical shape. In recent […]
It is quite striking to see how Nasdaq valuations have managed to remain so elevated, standing just 3.27% below all-time highs after yesterday’s strong rebound to 25,326 (+1.36%). We highlight this in light of the less-than-stellar recent performance of its major constituents, namely the large-cap tech stocks. Yesterday we discussed Apple, the second-largest component of […]
The company that has reshaped multiple industries and the daily lives of billions of people requires little introduction. Over the past decades, the iPod, iPhone, and iPad have fundamentally redefined how music is consumed, how and where information is accessed, and how users navigate the internet. However, for several years now—arguably since the passing of […]
While global attention is focused with a degree of apprehension on the fratricidal dispute within NATO triggered by the Greenland issue, and markets attempt to assess the potential implications of reciprocal tariff threats between countries on opposite sides of the Atlantic alliance, a number of other significant events and meetings are scheduled for this week. […]
According to reports circulated last week, initially by Japanese broadcaster NHK, Japan’s Prime Minister Sanae Takaichi is planning to dissolve parliament this week and call a snap general election, with February 8 being considered as a possible election date. Japan’s first female prime minister, Takaichi aims to capitalise on the surge in public support for […]
As anticipated in this week’s Weekly Outlook, the U.S. earnings season has begun, as usual led by the banking sector. Expectations were relatively elevated, as banks typically provide a reliable read-through on the overall state of the economy and credit conditions. In addition, sector performance since mid-November 2025 has been decidedly strong: the Invesco KBW […]
This is a period in which the global economy appears to be moving toward a “cold war” in commodities and, quite possibly, toward a new Supercycle—one not seen since the early 2000s. While the US continues to project its military and political power through actions, threats, and tariffs, China is steadily imposing restrictions on key […]
Over the past several weeks, the USD had experienced a series of modest appreciation sessions, clearly visible against both the Euro and the Swiss Franc. This move unfolded within a persistently low-volatility environment, which has kept the USD Index trading broadly sideways throughout the entirety of H2 2025, following a pronounced depreciation in the first […]
Just over a month ago, we focused our attention on silver (here), highlighting its growth potential when it was still trading around $53. In particular, we emphasized the metal’s structural production deficit: for several years now, global demand has consistently exceeded actual supply. This naturally raises the question of what has driven such a sharp—and […]
With each passing day, the focus for the coming months appears to be increasingly shifting toward companies within the industrial and defense complex—names that investors will likely need to become familiar with in the near future. As recently as Wednesday, January 7, Trump proposed a 2027 federal budget of USD 1.5 trillion, implying an increase […]
