Axel Merk | TalkMarkets | Page 2
President & CIO at Merk Investments
Axel Merk is the President and Chief Investment Officer of Merk Investments, manager of the Merk Funds. Follow @AxelMerk on Twitter. Subscribe to Merk Insights for free at more

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Equity Market Chart Book - Wednesday, June 29
The dominant narratives are extremely pessimistic right now, so it might not take much for the glass to go from half empty to half full.
Business Cycle Chart Book - Wednesday, June 8
Looking at the global growth cycle picture, global manufacturing PMIs are converging together in the low 50s. The lowest readings are moving higher and the highest readings are moving lower.
Is Stagflation Risk Real?
The risk of stagflation could increase because the Fed may need to induce a recession, but might be unable to contain inflation.
Equity Market Chart Book - Wednesday, Feb. 23
Stress remains in the market. The medium/longer-term prospects of the bull market likely benefit from a further correction in terms of depth or duration.
Black Swan Investing – How To Survive/Thrive?
Black Swans in financial markets are rare, extreme events. How do you survive, possibly even thrive when the unthinkable happens?
Fed Report
The Fed’s monetary policy has important implications for the bond, stock, and currency markets, and the economic cycle generally. In this report I track the data that I think Fed officials are most focused on.
What’s Next For The Dollar, Gold, Stocks & Bonds?
As we are approaching the end of the economic expansion, will king dollar be de-throned? In favor of a weaker dollar is an expectation of lower rates ahead, especially given the run up in recent years.
Italy And The Euro – Unplugged
Italy’s annual budget deficit has been shrinking for several years, most recently at 2.3%
Trump Put To Lower Dollar
Has President Trump introduced a Trump Put by lashing out about rising interest rates and calling for a weaker dollar? The market reacted swiftly - and rationally - albeit not the way Trump had intended.
Flattening Yield Curve Is Good
There's plenty to worry about in the markets, but in the spirit that knowledge is the enemy of ignorance, let's clear up some myths.
This Time Is Different. Really?!
It’s kind of obvious that any strategy that employs leverage can create issues when it is very widely adopted. But what about the other basic premise of the risk parity approach?
Productivity: A Question Of Focus, Health, Politics And Money
In a survey of many investors and investment professionals, there is disagreement about the productivity ideals, but agreement on the need for more clarity.
Buy Or Sell? A Question Of Risk Management
Whether you ride this bull market or stay on the sidelines is not a matter of brilliance, but of risk management. To illustrate, we look at lessons to be learned from the “greatest predictor” of market returns (hint: it isn’t).
Tax Reform: Implications For Gold
Monetary policy affects nominal prices, whereas fiscal policy affects real prices. Printing money might affect the price level, but fiscal policy affects where money gets allocated, and what investments take place.
Investment Advice For My Children & Grandchildren
The beauty of one’s personal earnings power is that one can control it far better than an investment one buys with the push of a button.
What's Next For The Dollar, Stocks, Bonds?
The Fed’s “balance sheet reduction” may have profound implications for the dollar, gold, stocks and bonds.
17 to 32 of 55 Posts