Has Gold Become the Risk-Free Rate?
Post-2020 inflation vs forecasts don't add up. Gold is likely telling the story that TIPS won’t.
TMAI
A diversified portfolio service that blends traditional bonds and equities with alternative assets such as gold, commodities, and digital assets
Latest
Barrels and Bullion
The gold price rallied last week and is now 10% off its low. It’s a welcome recovery that reassures me the worst is behind us.
Checking in on the Funds
In recent weeks, markets have undergone a major rotation. The AI trade has been the talk of the town, but
The Boring Stocks Are Back
My favourite momentum chart has seen its “jaws” close. That means the past winners have fallen, while the past losers have rallied.
How Patriotic Is Your Portfolio?
Investment portfolios have historically had a “home bias”. That is, local pension funds and the wealth management industry invest a large chunk at home before looking for diversification abroad.
ChiNext
Other than a few holdings in the funds, ChiNext is the last remaining exposure we have to the tech trade.