Market dynamics have been pretty much business as usual thus far. But this is too much of a uniquely abnormal environment to extrapolate typical market dynamics. Now Trump and other global policymakers have settled into crisis management mode.
The week has been a whirlwind of political and financial news. From Elon Musk's mixed feelings about his role in the Department of Government Efficiency (DOGE) to the impeachment proceedings against President Donald Trump, there's a lot to unpack. Let's dive into the top stories of the week.
We are now in a secular bear market for bonds, which means investors—both minnows and whales—need a better store of value than paper promises from broke(n) sovereigns. Gold is that new asset and is not even cloes to peaking.
Thanks to President Trump’s new round of international tariffs, global economy is now at the risk of unraveling. This is not just the result of plunging world trade and investment, but of soaring US military expenditures.
