The Stay-Put Economy
Why US housing sales can slump while prices hold firm, and where the economic value moves when households stay put.
Insights / Weekly Newsletter
Weekly Newsletter
Our market letters, filed by the date they were sent. Start with the latest issue or browse the archive by year and topic.
115 published issues
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202619 issues
The Fed Hiked. The Bigger Story Is Productivity
A rate increase is neither an automatic equity warning nor proof of strength. Earnings, inflation and productivity determine which story investors are living through.
Australia’s Inflation Test
Why the Reserve Bank of Australia faced a difficult rate decision, and what the subsequent move tells us about currency, banks and households.
Gold’s Second Wind
Central-bank demand supports gold’s longer story, but currency, real yields and investor flows can still unsettle a rally.
Emerging Markets Are More Than a Growth Label
Semiconductor supply chains, governance and currency risk make emerging-market investing a collection of distinct decisions.
Two Questions for Long-Term Investors
A short issue on the durability of AI profits and the conditions under which US debt becomes a market problem.
The Quiet Revolution on Wheels
Imagine an industry that barely exists today, but in 10 years could be worth more than Saudi Arabia's entire economy. That's robotaxis.
Energy, Inflation & the Next Pressure Point
Energy markets are again becoming a serious macro signal for investors. The concern is not only whether oil prices rise for a few weeks, but whether higher energy costs start moving through…
What the Iran Conflict Is Quietly Changing
The Iran conflict is accelerating a shift that was already under way, moving the world toward a more divided global order. The idea of a single, stable geopolitical framework is gradually…
Copper and the New Market Regime
Global markets are entering a phase where macro volatility is no longer episodic, it is structural. Rising geopolitical tensions, energy disruptions, and supply chain reconfiguration are…
The Real Iran Shock Hasn’t Hit Yet
When geopolitical tensions escalate in the Middle East, the immediate focus of global markets is almost always on crude oil. This is logical, given the strategic importance of the Strait of…
Oil, War, and a Market Turning Point
Yesterday, markets were hoping for clarity. Instead, they got uncertainty and that has changed everything.
Has Iran Moved From Headlines to Portfolios?
Geopolitical conflicts often begin as headline risk. Markets react, volatility jumps, oil spikes, and then investors try to decide whether the move is temporary noise or the start of something…
A War That Moves Markets
Geopolitical conflicts rarely stay confined to the battlefield. The ongoing war involving Iran is already sending ripples through energy markets, inflation expectations, central bank policy…
Why the Tariff Shock is Not Over
When the U.S. Supreme Court struck down President Trump’s broad IEEPA-based tariffs, the first reaction was simple. It looked like a win for markets. A weaker tariff regime should mean less…
AI’s Power Surge, Construction’s Stall
Two powerful forces are reshaping the U.S. economy in 2026.
Markets, Mandates & the Next Fed Era
If you have ever wondered why a single press conference in Washington can move home-loan rates, stock prices, and even global borrowing costs — this is one of those moments.
Is Copper About to Shock the Market Again?
Copper has quietly become one of the most important strategic commodities of this decade. It sits at the center of electrification, renewable energy, electric vehicles, AI-driven data centers…
Playbook for U.S. Stock Market
As mentioned in our last edition, analysts expect another strong year for U.S. equities in 2026, projecting the S&P 500 (SPX) to deliver a 12% total return to reach about 7,600 (Goldman Sachs)…
202540 issues
2026: Will it be a Defining Year for Equity Markets?
Over the last few years, markets have absorbed inflation shocks, aggressive rate hikes, geopolitical stress, trade tensions, and the explosive rise of AI; yet the S&P 500 has remained…
What the Stock Market Taught Investors in 2025
The past year was anything but ordinary. Trade wars returned, artificial intelligence surged at unprecedented scale, governments ran ever-larger deficits, and faith in institutions was…
Rate Cycle: Mild Easing or Something Bigger?
As we move toward 2026, investors are trying to make sense of one of the most important forces shaping financial markets: The future of U.S. monetary policy.
Japan Powers U.S. Shipbuilding: Investor Guide
The United States is confronting a strategic challenge that has gone largely unnoticed: Its shipbuilding capacity has collapsed to near zero . While the U.S. once maintained vast shipyards…
AI-Driven Electricity Boom Investors Must Prepare For
Global electricity markets are entering a profound and long-lasting expansion phase. But unlike previous cycles driven by heavy manufacturing or industrialization, today’s surge is being…
China’s $70 Billion AI Data-Center Boom
China is quietly engineering one of the biggest infrastructure expansions in its history: A nationwide push to build the digital backbone for artificial intelligence.
Rare Earths: An Investor’s Field Guide
The term “rare earth elements” (REEs) refers to a group of 17 metallic elements that are central to modern technologies. These include the 15 lanthanides (elements with atomic numbers 57…
Why Tariffs Haven’t Crushed the U.S. Economy (Yet)
When the White House declared broad import duties on April 2, now infamous as “Liberation Day” , markets reacted as if a new trade war had begun. Analysts warned of runaway inflation…
What Investors Need to Know About Fed Cuts & Market Momentum
The U.S. Federal Reserve has stepped back into the spotlight, this time with a quarter-point interest rate cut , the first such move in nine months. But unlike previous cycles where cuts were…
The Decade Defining Europe’s Power Markets
Europe is standing at the edge of one of its most important economic transitions in decades. After 15 years of falling electricity demand, the continent is entering a new phase. According to…
America’s Debt Future: Crisis or Controlled?
Every few months, headlines flare up about America’s “unsustainable” debt. Numbers get thrown around in the trillions, politicians argue, and investors wonder what it all means for markets…
Is This Europe’s Time to Shine Again?
For years, investors have overlooked Europe. Money has flowed into the United States and into Asia, while European stocks were seen as “slow growth” or “old economy.”
Stablecoins: The Quiet Revolution in Global Finance
Money has always evolved alongside technology. From the first coins to paper notes, from credit cards to mobile wallets, each leap reflected society’s pursuit of faster, safer, and more…
Will the U.S. Rally Stall or Soar Before Labor Day?
Equity market in the United States has defied seasonal expectations this August, riding a wave of optimism that’s more reminiscent of a holiday rally than a typical late-summer lull.
Which World Events Truly Shake Stock Markets?
If you have ever scanned the morning headlines and then flinched at your portfolio, you’re far from alone. Market drama sparked by U.S.-Israel strikes on Iran, or tariff shocks in April, might…
U.S. Energy System Is Changing: What Investors Need to Know
The U.S. energy system is undergoing a strategic realignment. Policy changes, surging power demand from artificial intelligence, and maturing shale production are collectively reshaping the…
Positioning Portfolios for the Second Half of 2025
We have passed the midpoint of 2025 — and it feels like we have lived through a decade’s worth of change in just six months. From geopolitical tremors to tariff wars, central bank pauses to…
The Energy Rush in Europe: Here’s How to Invest
Europe’s energy markets are undergoing a quiet revolution. After decades of modest growth, electricity demand across the continent is accelerating — and not by a little.
The $120 Billion Healthcare Opportunity Investors Can’t Ignore
What was once a small, niche pharmaceutical segment is now rapidly evolving into one of the biggest and most consequential markets in modern healthcare.
The Energy Awakening: India’s Billion-Dollar Bet
India is standing at the cusp of a dramatic energy transformation — and the global energy community is paying close attention. In a country where rising household incomes, rapid…
Where Smart Investors See India’s Next Growth Wave
If you had to bet on a single factor that could add an extra percentage point to India’s economic growth over the next decade, what would it be? Infrastructure? Artificial intelligence?…
Northern Europe’s Defence Spend is Rising — Here’s Why
If you’ve been following the headlines out of Europe lately, you might have noticed a recurring theme: Defence budgets are soaring.
Why 2025 Could Be the Year of Humanoids?
It sounds like science fiction, but it’s quickly becoming our reality — humanoid robots are no longer confined to Hollywood scripts or CES stage demos. From factory floors to autonomous…
The Economic Upside of Global Ageing
If you’ve followed the headlines about demographic trends, you’ve likely heard terms like “population time bomb” or “demographic crisis” thrown around to describe our ageing global population…
The Future Cost of Rising U.S. Tariffs
The United States is facing a major shift in trade policy this year, with its effective tariff rate expected to rise by about 13 percentage points —reaching levels unseen since the 1930s.
U.S. Market Stumbles: Is It Time to Look Abroad?
The global financial markets have had a dramatic and unpredictable start to 2025. What began as a promising year for U.S. markets and technology stocks has quickly turned into a complex and…
Global Markets Health Check: Relief or Risk?
Global markets have endured a challenging period over the last year, shaken by trade disputes, policy uncertainty, and concerns about economic slowdown. From sharp equity sell-offs to rising…
Global Markets Hold Their Breath as Risks Multiply
As we head deeper into Q2 of 2025, the financial markets remain perched on an uncomfortably narrow ledge — neither in the clear nor completely tumbling into crisis. The relief from the April 9…
Tariffs on Hold, But Not Off the Table
After a rollercoaster week of market volatility triggered by tariff shocks , we’re witnessing some much-needed relief. Markets have bounced back sharply following a pause in proposed tariff…
Creator Economy: Opportunities, Challenges, & the Future
The creator economy is at a turning point. Growth is accelerating, but so are the challenges. Beneath the surface of this booming industry, uncertainty is rising.
How to Position Your Portfolio for Trump 2.0
Since the beginning of President Trump’s second term, investors find themselves navigating a whirlwind of policy changes, economic shifts, and political maneuvers.
Declining Immigration: A Threat to U.S. Economy?
Immigration has long been a critical driver of the U.S. economy, providing labor, innovation, and demographic growth. Over the past three years, immigration numbers have surged, fueling…
Bond Markets in 2025: Calm or Chaos?
Fixed-income investors are facing a dramatically different landscape. The days of central banks dominating market moves are giving way to an era of fiscal dominance, where government policies…
Volatility or Opportunity? Where Smart Money is Moving Next
If 2024 taught investors one thing, it’s that broad market exposure alone isn’t enough. The year was defined by one of the highest levels of return dispersion in the S&P 500, proving that…
What Q4 Earnings Reveal About the Stock Market
As the Q4 earnings season nears completion, with 77% of the S&P 500 companies having reported their results, investors and analysts alike are piecing together a clearer picture of corporate…
Could a Russia-Ukraine Peace Deal Backfire on Europe?
A potential breakthrough in the Russia-Ukraine war could be on the horizon, with Bloomberg reporting that President Trump may introduce a peace plan at the Munich Security Conference.
Trump Tariffs & Their Ripple Effect on Global Markets
The global markets were shaken this week as President Trump signed executive orders imposing a significant new wave of tariffs, escalating tensions and introducing fresh concerns about…
Global Markets on Edge: Will 2025 Bring a Reckoning?
The global equity markets have had an impressive run over the past two years, particularly in the United States. With solid economic growth and the prospect of falling interest rates…
How Volatile Interest Rates Affect U.S. Equities
The relationship between interest rates and the stock market is like a dance—sometimes in harmony, sometimes in conflict, but always interconnected.
How India’s IT Sector Is Evolving: Stocks You Can’t Miss!
As 2025 unfolds, the Indian IT services sector stands at a crossroads, brimming with both opportunities and uncertainties.
202420 issues
Why Goldman Sachs Thinks U.S. Stocks Will Keep Rising in 2025?
The financial markets are abuzz with anticipation for 2025, fueled by a blend of optimism and cautious recalibration.
Is the U.S. Heading Toward a Debt Crisis?
The U.S. debt has surged to unprecedented levels, now exceeding 120% of GDP and surpassing $35 trillion.
The Great Gold Boom: Is There More to Come?
With market uncertainty rising and economic landscapes shifting, gold is once again stealing the spotlight as the ultimate safe-haven asset.
Why Investors Are Counting on a Santa Rally This Year
This November, the S&P 500 has skyrocketed to all-time highs, leaving investors wondering: What’s driving this explosive growth, and can it hold steady?
Investing in Sports: The Next Trillion Dollar Market?
Professional sports have evolved far beyond the boundaries of the playing field, transforming into one of the most lucrative and dynamic sectors of the global economy.
What Trump’s Win Means for Markets & Portfolios?
Donald Trump is completing a historic comeback that gives him immense power at home and sends shockwaves globally. (Source: CNN)
Investing in the Sustainable Future
Imagine a world where every swipe, click, and stream contributes to a rapidly growing energy demand, one that’s expected to soar by 165% for data centers alone by 2030.
What the U.S. Elections Mean for Investors?
This interactive map tracks the consensus forecast for the 2024 presidential election. (Source: 270towin )
China's Stock Market: Is the Worst Over or Yet to Come?
As we enter the final quarter of 2024, investors in China are closely watching the equity markets. The past few weeks have been a whirlwind for Chinese equities, with both soaring rallies and…
Australia’s Economic Dilemma & Sahm’s Rule Under Scrutiny
Australia is in the midst of what could be dubbed a "Millennial Recession”, with weak household consumption taking center stage in the country’s economic story.
Stocks That Will Benefit From Fed Rate Cuts
Long-term performance of mid-caps, large-caps, and small-caps as of September 9, 2024.
Gold's Resurgence & U.S. Tax Cuts
As we move through 2024, the commodities landscape presents an intriguing mix of opportunities and challenges. While certain sectors of the market are facing downside risks due to weakening…
The U.S. Economy’s Path & Crisis Investing
In recent months, much of the market buzz has centered around the potential for the U.S. economy to achieve a "soft landing." But what does that really mean?
Fed’s Next Moves & Domino’s Pizza Stock Analysis
The Federal Reserve's recent meeting in July marked a significant moment for US monetary policy.
Yen Carry Trade, US Recession Fears & Japanese Stock Markets
The recent surge in the Yen , leading to heightened market volatility, has cast a spotlight on the Yen carry trade and its potential impact on central bank policies. This edition dives into…
Australian Housing - Price is Hot, Rent is Not!
Australian house prices rose again in July , yet the market has become increasingly divided, highlighting clear winners and losers among the country's capital cities. This growing disparity…
How Elections Impact Stock Markets!
How do elections impact the stock market and portfolio returns? Should long-term investors even be concerned about elections? These are the questions investors and financial professionals are…
Half Gone, Half Left - The Year 2024
With Interest Rates among the highest in last few decades across the globe, many major economies have slowed down considerably. However, there remain three bright spots still driving the…
Bright Green and the Plant-Based Drug Market
Meet Bright Green Corporation (NASDAQ: BGXX), a trailblazer in the world of plant-based drugs. This innovative company is at the forefront of research, production, distribution, and…
The Curious Case of Small Caps
May ended at all-time highs despite the fact that it tends to be among the weakest performing month of the year. Once more, the familiar saying “Sell in May and Go Away” proved unsuccessful…