Is This A Rimini Shift? Let’s Discuss Recent Volatility in Precious Metals and the Tech Sector
It has been an eventful year, at least thus far. It started with the Venezuelan bang, and continues with significant volatility in equities (especially tech-related), precious metals, and bitcoin. Speaking of the latter, it has lost 50% of its value since last October...Imbalances and Shocks: The Stages of Investment Cycles Through the Eyes of Telemachus
Twenty years ago, the G7 group’s theme was global imbalances. France, which nowadays holds the rotating presidency of the G7 group, has decided to put it back on the agenda. China’s surpluses might be the only subject where the G7 group (US, Canada, Japan, Germany,...Geopolitical Derivatives and the Markets: It Started With a Bang; Where Does it Go From Here?
The year 2026 started with a bang! Maduro is out, the oil sector prepares for new dynamics, the US declared that it will run Venezuela for the foreseeable future – disavowing Maria Corina Machado – while allowing US oil companies to shape its future. The new National...Who is in the Middle? A Conversation Among Isaac Asimov, Margaret Atwood, Ray Bradbury, William Gibson, and David Stockman
The invitation for the annual end-of-year trip arrived with a condition and a warning attached. The condition was to read, prior to boarding the plane, the newly released National Security Strategy (NSS), and the warning was that the plane would be going through the...Facts at the Dawn of 2026
Let’s start where we left the discussion in the last commentary. Rising Japanese yields are sending a warning signal, especially when we consider the statements of the Japanese central bank regarding forthcoming interest rate increases. The rate differential in...Sign Up for Our Publications
