The World Has a Debt Problem

Inflation appears to have peaked and markets are partying across the board. But if we examine the risks of global debt, is the optimism justified?

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Gold Rallies! Can it Last?

The Fed can fix monetary policy, but cannot fix deglobalization, public debt, or fiscal spending. They can’t fix the reasons we own gold.

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The Global Empire of Risk

Should the Fed pay attention to the IMF’s warnings about global financial risks and deteriorating market conditions? Probably, but more red-hot inflation data means their hands are tied.

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Recessionary Red Flags

The current pace of rate hikes has no modern precedent. With recessionary red flags popping up everywhere, what will it take for the Fed to reverse course?

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