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But we saved everything 🙂.
Axel Merk reports that Nasdaq 100 futures are down 5.5 percent on the day. Despite this drop, Merk points out that the weekly return of minus 4.5 percent remains within two standard deviations, suggesting the move is notable but still within statistical expectations for market fluctuations.
Earlier this year, Axel Merk observed that the Dubai real estate market was showing signs of recovery. He also noted that gold price movements were tied to changes in real yields during the Iran conflict. Merk’s previous commentary has focused on how regional events and yield shifts influence investor perceptions.