World markets are so intertwined these days — what happens in one region of the financial markets can affect another halfway around the world.
New markets in the global space are emerging all the time. And the key to growing your wealth is looking outside the box. The world is truly your oyster.
Here’s how the world market is looking at the moment…
Last week was a jolly mess. Someone blew up the world’s most important gas pipeline. The Dow closed out the worst September in 20 years. The Bank of England (BoE) looked normalcy in the face — and panicked. Inflation rose. And a storm swamped much of Florida. ‘Get used to it’, said the climate alarmists; it’s the new normal.
Generation after generation has bought into a version of the ‘Dream’. But what if one generation decides to break the chain? What if our cherished dream is not their vision of the future?
Now the Fed is no longer pumping in liquidity…the tide is receding…and the yachts are sinking. Bloomberg tells us that US$57 trillion has been lost — in stock and bond values — so far this year
Although Liz Truss’s budget copped most of the flak for the massive intervention in bond markets, it was actually coming anyway. A number of big pension funds (like our superannuation companies) in the UK were caught on the wrong side of bond trades and were about to face a margin call.
The BoE has made its pivot much too soon…and now they will make their economy even more dysfunctional than the US. But here, we are grateful to drug addicts, dumbbell central bankers, and bitter ex-spouses. The world needs jackasses…to show it where not to go and what not to do.
No gold investor could’ve wished for better. Lockdowns, epic fiscal and monetary stimulus, outright monetary financing by central banks, inflation, recession, stagflation, central banks so far behind the curve they’re unlikely ever to catch up, extreme negative real interest rates, a crash in other safe-haven assets like bonds, and the prospect of nuclear war. What could possibly be better for the gold price?
Fat Tail Daily is brought to you by the team at Fat Tail Investment Research
Copyright © 2026 Fat Tail Daily | ACN: 117 765 009 / ABN: 33 117 765 009 / ASFL: 323 988
