Oil Prices and U.S. Recessions The elections in 2024 across highly populated countries could have significant implications for geopolitics and the global economy. Political leaders should work towards calming geopolitics to prevent a surge in oil prices. Image: BofA Global Investment Strategy
S&P 500 Correction Instead of reflecting optimism about economic growth, the rally in the S&P 500 can be seen as an attempt to recover from the negative impacts of rates volatility and geopolitical shocks. Image: Deutsche Bank Asset Allocation
Gold Price vs. S&P 500 Since January 2022, gold has demonstrated a superior performance compared to U.S. stocks, particularly in the face of geopolitical uncertainty and rising inflation worldwide. Image: Morgan Stanley Wealth Management
Annual Purchases of Gold by Central Banks The first three quarters of 2019 were the largest central banks purchase of gold in recent history, due to geopolitical tensions. Image: J.P. Morgan
Central Bank Gold Purchases This year, central banks are purchasing gold at record highs, due to geopolitical tensions. Image: Goldman Sachs Global Investment Research
Why Is the Dollar So Strong? There are several reasons for this: – Interest rates differential – Strong American economy and no immediate recession– American geopolitical dominance– Market shadow over Donald Trump’s re-election Image: The Daily Shot