The stock market may be making new highs, but beneath the surface, the risk picture is deteriorating. Technology leadership remains hesitant, long-term Treasury yields have surged above 5%—their highest level since 2007—and rising yields are…

Gold: The Most Compelling Defensive Investment Opportunity of the Decade History teaches us that the greatest investment opportunities emerge when governments accumulate excessive debt, monetary policy falls behind inflation, and investor confidence in paper currencies…

Gold has climbed above $4,100 per ounce and is heading toward its first monthly gain since the Middle East conflict began. The advance has come despite renewed fighting between the United States and Iran, which…

The U.S. military did, in fact, strike three of Iran’s key nuclear facilities. That fact is no longer in serious dispute. The targeted sites included:• Fordow Fuel Enrichment Plant (deep underground uranium enrichment facility)• Natanz…

“I think we just want to win,” President Trump said during a Cabinet meeting Friday when asked about ending the war. “We’ll be hitting them very hard, and, you know, at some point, they’re going…

America’s AI hangover has officially arrived as enterprises realize that burning through annual AI budgets on frontier models for every basic task is financially unsustainable. Markets are now sharply unwinding the hype as infrastructure capital…

The market’s greatest risk is no longer any single event. It is the convergence of three powerful macro forces: resurgent energy inflation, unprecedented AI capital spending financed by increasingly expensive debt, and rising Treasury yields…

Markets periodically absorb one risk after another with little lasting damage. This is no longer one of those periods. Investors are now confronting a dangerous convergence of persistent inflation, rising Treasury yields, higher energy prices,…

Both our daily and weekly market analysis confirm that U.S. stock and bond markets have broken below key technical support levels, signaling a severe cyclical bear market based on our Money Flow and Relative Performance…

Barron’s notes the Equity Risk Premium (ERP) has fallen to one of its lowest levels since 2007, as 30-year Treasury yields now exceed the S&P 500 earnings yield. Reuters reports that renewed Middle East tensions…