Good evening investor!
Wednesday's session just closed, and it wasn't pretty. The Fed held rates again, but Chairman Kevin Warsh made it crystal clear there's no soft target on inflation and no easy fix coming.
Markets didn't like that one bit. The S&P 500 dropped 1.52%, the Nasdaq shed 1.74%, and the Dow took the hardest hit at down 2.19%, with escalating tensions in the Iran conflict adding fuel to the selloff.
Warsh's blunt tone rattled investors who were still hoping for a dovish pivot hiding somewhere in the Fed's language. Here's the thing though: days like today tend to punish everything indiscriminately, and that's where value investors should start paying attention.
Apollo's chief economist is flagging risks spreading beyond tech, which means the rotation away from high-multiple names may have more room to run. Meanwhile, healthcare names like GE HealthCare are showing signs of life on earnings even as the broader market gets hammered.
That kind of divergence is worth watching closely. Tomorrow we'll dig into where the real opportunities might be hiding inside today's wreckage.
AI Just Signed the Dollar's Death Warrant
AI isn't just writing emails and creating videos. It's being wired into the financial system itself… moving faster than anyone in the world can control. And every breakthrough pushes us closer to one thing: A fully digital, government-issued dollar. A CBDC.
Once that switch flips, the rules change overnight.
There is only one asset that will stand the test of time after some unhinged AI wipes the slate clean.
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Central banks are buying gold at the fastest pace in modern history — 200+ tonnes in 10 of the last 11 quarters — and they aren't slowing down. They're dumping paper for the one asset they can't print more of… even while gold's down 15% this year. This dip could be the bottom.
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Trump is rewriting the dollar's future in real time — tariffs, Fed pressure, a spending machine that never slows. Every move points the same way: a weaker dollar and a stampede into hard money. Gold's down 15%, and this discount could vanish the moment the market wakes up.
Get the free guide →
Gold has dipped more than 15% this year. And right now, as you read this sentence, that dip could already be the bottom. Meanwhile, the institutions that print the world's money are dumping their own paper to grab gold at a record pace. What do they know that the average American doesn't?
Grab this free gold guide to find out →