Global Markets and Currency Strategy by Axel Merk
Axel Merk: Nasdaq 100 futures drop 5.5 percent with weekly return at minus 4.5 percent
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, ...
Gold reacts to real yield changes during Iran conflict, Axel Merk notes
Axel Merk explains that gold prices have been influenced by changes in real yields. He notes that the recent conflict in Iran has been reflected as a short-term shock rather than a fundamental ...
Axel Merk: Confusion in AI, gold and markets is common
Axel Merk comments that confusion is a natural state for those closely following developments in artificial intelligence, gold, and financial markets. The statement was shared in a tweet ...
Fed faces credibility test as Powell recedes into background, Axel Merk notes
Axel Merk highlights that Federal Reserve Chair Jerome Powell views the current environment as a stress test for the central bank, raising questions about its credibility. Merk adds that Powell's ...
Axel Merk: Dubai real estate market is showing signs of recovery
Axel Merk highlights that Dubai's real estate market is recovering. He suggests this rebound may indicate that market participants view the Iran war as being in the past, though he characterizes ...
Bond yields rose sharply last week, Axel Merk notes
Axel Merk questions why the recent sharp increase in bond market yields did not occur earlier, rather than focusing on why yields rose so much in the past week. This observation points to broader ...
Axel Merk: Politically attractive responses often outweigh economic logic in supply shocks
Axel Merk suggests that the most effective economic response to a supply shock is rarely implemented because it is politically unpopular. Instead, he observes that decision makers tend to choose ...
Sweden's economic growth outpaces Europe, Axel Merk notes
Axel Merk highlights that Sweden has shifted from its socialist system to embrace capitalism. Public social spending in Sweden has dropped to 24% of GDP, closely aligning with the U.S. figure of ...
Axel Merk: Fed independence featured at monetary policy conference
Axel Merk, industry influencer, draws attention to several noteworthy topics presented at a monetary policy conference held today. Among these, the independence of the Federal Reserve emerged as a ...
FOMC closed-door talks by Kevin Warsh preceded crisis, Axel Merk notes
Axel Merk, industry influencer, draws attention to closed-door comments by Kevin Warsh of the Federal Open Market Committee made before the financial crisis. These remarks focused on ...
Axel Merk: Easing bias behind most dissents at U.S. central bank meetings
Axel Merk, industry influencer, comments that most dissents arise from the 'easing bias' present in the U.S. central bank statement. Merk refers to a discussion by journalist Nick Timiraos on ...
Excessive regulatory requirements hinder public listings, Conor Sen notes
Conor Sen, industry influencer, draws attention to the challenges facing companies in a K-shaped economy, emphasizing that excessive regulatory hurdles—a form of red tape—make it difficult for ...
Eric Parnell: U.S. bond yield movement follows CNBC announcement on Powell investigation
Eric Parnell, industry influencer, highlights the movement in the 10-year U.S. bond yield following CNBC's announcement at 10:17 a.m. ET that the investigation into Powell has been dropped, ...
Powell and Warsh views align on FOMC transition, Axel Merk points out
Axel Merk highlighted that Jerome Powell and Kevin Warsh have closely aligned perspectives regarding potential changes in Federal Open Market Committee (FOMC) leadership. Merk noted that Powell ...
Axel Merk: Kevin Warsh should lead Fed reform without delay
Axel Merk emphasized the significance of upcoming hearings and called for swift action in appointing Kevin Warsh as the next Chair of the U.S. Federal Reserve. Merk argued that Warsh’s ...
San Francisco rental income reaches $35,000 a month, Axel Merk notes
A monthly income of $35,000 listed on a rental application for a two-bedroom apartment in San Francisco is accurate, according to Axel Merk. The tweet highlights the extreme disparities in the ...
Axel Merk: U.S. property tax hikes may hit wealthy homeowners
Two prominent cover stories from the Wall Street Journal highlight concerns about rising property taxes. Axel Merk points out that fixed property assets cannot be relocated out of state, and ...
Millennials overcome tough job market and debt, Axel Merk argues
Millennials have faced significant economic challenges, according to Axel Merk. Entering the workforce after the financial crisis, with high levels of debt and unaffordable home prices, ...
Axel Merk: China central bank gold holdings rise to 74.38 million ounces in March
China's central bank continued increasing its gold reserves, according to Axel Merk. By the end of March, the country's gold holdings had reached 74.38 million fine troy ounces, up from 74.22 ...
U.S. tax break being claimed twice as much as expected, Axel Merk notes
Axel Merk highlights a surge in overtime work being reported on U.S. tax returns. According to Merk, a specific tax break is on course to be claimed by about twice as many people as initially ...
Axel Merk: Weaponization of dollar impacts financial systems and investment flows
The influence of the 'weaponization of the dollar' is significantly affecting global financial systems and investment flows, including gold. Axel Merk points to these implications by highlighting ...
