Gold beyond the headlines.

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Last week markets reacted as though a lasting resolution had been reached. 

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The Great AI Divergence

Semis are trading at dot-com bubble extremes. That's either a warning... …or exactly what the early stages of a much bigger bubble should look like. 1995 or 2000?

UK: 7 Prime Ministers In 10 Years

Shorter premierships mean shorter policy horizons, less confidence in long-term reform and greater sensitivity around fiscal events.


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