Investments / General

The empire strikes back: legacy software giants regain ground in the cloud wars

Gold market outlook – new highs and global bidding war on the cards as increasing US structural cracks put risk assets under pressure

Spot gold ended July at US$3,385/Oz and traded rangebound through most of the month. We are struck by gold’s ability to consolidate horizontally after making major new all-time highs in April.

Boring Is Better

People, pensions and policy choices

Last week’s 90th anniversary of US President Franklin Roosevelt signing the Social Security Act into law went by largely unnoticed.