‘End of the world’ option remains deep out of the money

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‘End of the world’ option remains deep out of the money

David P. Goldman explains that gold’s recent surge past $2,600 reflects its role as a hedge against unexpected inflation, diverging from TIPS due to geopolitical risks. Despite fears of broader conflicts in Ukraine or the Middle East, gold’s premium remains stable.

The EU’s gradual shift away from free trade

Diego Faßnacht explains that the European Union’s trade policy is shifting towards protectionism, highlighted by planned tariffs on Chinese electric vehicles (EVs), an approach that could lead to inflation, higher production costs, and diminished global competitiveness.

Putin warns of wider war with NATO

James Davis reports that the potential fall of the city of Pokrovsk poses a significant threat to Ukraine’s defense in the region. Additionally, the debate over Ukraine’s use of long-range Western missiles against Russian territory remains unresolved.

Outspoken Abe protégé Takaichi moves up in Japan polls

Scott Foster reports that Sanae Takaichi, is leading in the race to become the next president of the ruling Liberal Democratic Party (LDP) and potentially the next prime minister. Known for her hawkish stance and as a disciple of former Prime Minister Shinzo Abe, Takaichi has surged in polls.