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The Hormuz crisis is shifting from an oil-and-bond story to a broader risk-off one, with equities weakening, Copper breaking lower, and Silver losing its rebound structure — a sign its industrial-demand exposure is becoming a Read more…
New Zealand producer price pressures accelerated sharply in Q2, with input PPI rising 2.9% q/q from 1.4% in Q1, more than double 1.3% consensus. Output PPI also strengthened, rising 1.6% from 0.8%, twice 0.8% expected. Read more…
Wealth has always had two answers to a tax bill. Pay it, or move somewhere the bill cannot follow. For most of American history the second answer was the expensive one. It required lawyers, accountants, Read more…