Gold breaks correlation with real yields as geopolitics and central bank buying drive demand
Gold matches equities but outperforms bonds amid fiat debasement and scarcity-driven demand
Equal-weight underperformance highlights Magnificent Seven dominance, with cyclical catch-up potential ahead
ISM new orders point to stronger S&P earnings but downside risk remains if forecasts slip
South Korea export rebound signals improving global trade and lower near-term recession risk
US manufacturing orders-to-inventories ratio signals global growth recovery and production rebound
US inflation expectations have normalised near 2%, supporting Fed rate cuts if they remain anchored
US shale output is hitting records, keeping oil prices in check as SPR refills lag
