Copper and gold - the leading lights of the base and precious metals arenas - are in what Lloyd-Smith puts as "history making mode", as both powered to record highs in early Monday trading

• European equities hold a mild positive bias, whilst US futures lack firm direction and holds around the unchanged mark.
• Dollar is flat alongside G10 peers, Kiwi marginally underperforms, USTs are flat in quiet newsflow, whilst Bunds are slightly softer.
• A helicopter carrying Iranian President Raisi and Foreign Minister Amir-Abdollahian crashed due to adverse weather conditions with no survivors reported; Iran’s Supreme Leader Khamenei signalled continuity.
• Spot gold printed a record high of around

The US is in a stunningly strong position in such a world...  if only it can get out of its own way and be true to its founding principles

A bad bet on hydrogen hype...

"Optimum conditions call for the transit of the M/V Dali to commence at high tide, predicted to be Monday at 5:24 a.m..." 

"We kind of got cancelled because no one wanted to talk about the potential that there was a problem from the vaccines," Dr. Robert Redfield said.

 Was previously held up as a model for ‘integration’ of migrants in Germany

By age group in the US, 20% of Gen Z self-identified as part of the LGBT+ community...

The dirt that Andrey Derkach shared about Hunter’s Burisma corruption scandal made him an enemy of the American and Ukrainian governments.

History also warns/teaches that the leadership of all debt-soaked and failing regimes will buy time saving their “systems” (and covering their @$$’s) by debasing their currencies to monetize their debts...

Painting a concerning picture, the median retirement savings for Americans stands at a mere $87,000, a figure far lower than what is needed for a comfortable nest egg...

The BoJ ending negative rates and normalizing policy for the first time in eight years marked the end of decades of a deflationary equilibrium

...aiming to “counter China’s unfair trade practices” by targeting specific sectors where the U.S. is boosting domestic production.

Every time the Dalios of the world open their mouths on the risks that the great unwashed masses pose to "Our Democracy™", they make the idea of a political separation sound far more agreeable...

While the U.S. economy defied expectations in 2023, posting 2.5% in real GDP growth, several states lagged behind...

Is building a slave state for Big Daddy the apex achievement of feminism?

By Eric Peters, CIO of One River Asset Management

We are spending too much time focused on the Fed and inflation, while ignoring (or not treating as importantly) other data.