Economic Indicators - The upcoming CPI report is expected to have a binary impact on the equity market, with a skew towards positive outcomes if inflation data does not come in excessively high [2][3] - The current market setup is seen as unfavorable due to a lack of AI earnings, but the outlook improves with upcoming earnings from hyperscalers [2] Gold Market Insights - Gold is viewed as a strong investment opportunity following a recent selloff, driven by fiat currency devaluation rather than just the dollar [4][5] - A measure has been developed to assess the currency cycle, indicating that the current devaluation cycle began in 2022, coinciding with geopolitical tensions and monetary policy changes [6] - Historical data suggests that during periods of currency devaluation, the S&P 500 tends to underperform gold, making gold a favorable hedge against equity investments [7][8]

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Billionaire hedge fund manager Ray Dalio issued a stark warning regarding the current state of global currencies, drawing historical parallels to the 1930s and 1970s. All Fiat Currencies Will ‘Go Down Together’ On Tuesday, in a post on X, the founder of Bridgewater Associates said, “Gold is now the second largest reserve currency, behind the US dollar,” emphasizing a major shift in the global monetary ord ...