IMPACT: The deepening Ukraine crisis adds uncertainty to global markets, exacerbating existing inflation and Fed hiking fears. But history shows geopolitics has limited medium...

A NEW WORLD: We are now in a different investing world. Macro headwinds are greater and returns to be lower. The days of just getting long US and tech are gone. We see a rare...

THE STAND-OFF: Sharp opinion differences between ‘Main Street’ and ‘Wall Street’ are nothing new. But the implications of who is correct now are large. Main St. is worried on the...

BURGERNOMICS: The Big Mac index is a useful short-hand for FX valuation, with a decent medium-term record. Updated numbers (see chart) show the USD strength, after its 2021 rally....

REOPENERS UPSIDE: So-called ‘re-opening’ stocks are up this year (see chart), resilient to the omicron virus spike and market volatility. They are now set to benefit from...

JUNK: US junk bonds (JNK, HYG) have been selling off and ignoring the recent equity rebound (see chart). This is unusual as they normally move together. And concerning as junk...

RARE RELIEF: Commodity prices are up 10% so far this year, for one of their best starts ever. We think this has further to go, with demand strong, supply tight, and inflation...

REBOUND: Many of the worst performing markets of 2021 are now leading this year, like Brazil, UK, China. This is similar to the US ‘Dogs of the Dow’ approach of buying the...

HIGHER: The US has not raised interest rates yet, but the global trend has decisively changed. There were over 100 rate hikes globally last year and this year is annualizing at...

What is the metaverse, who are the major players involved in its creation — and why investors need to be paying attention to this tech megatrend right now Have you heard the...