Observation period: 24 September – 24 October 2026 In January 2026, silver broke through $50 per ounce for the first time in 45 years. Before the month was out, on 29 January, it touched an all-time high of about $121.67. Then it fell back, and by late October it was trading in the mid-$50s. Most observers filed this under commodity…
What two market valuation measures—and one that actually prices risk—say about where we stand Arzu Alvan | October 10, 2026 There is a number that should stop you for a moment. On October 9, 2026, the Shiller CAPE ratio for the S&P 500 stood at 41.87. In 145 years of recorded data, that number has been higher exactly once: in…
$14 trillion. That is how much sovereign debt the world’s governments must refinance in 2026 alone. Not new borrowing. Rollover. Pay off old bonds — issue new ones in their place. The figure comes from the OECD Global Debt Report 2026. It is not a projection. It is the auction calendar. The total sovereign bond issuance this year reaches $18…
Observation period: 27 August – 27 September 2026 On August 19, 2026, the United States crossed a number that once seemed impossible. Its national debt hit $40 trillion. Not forty billion. Not four hundred billion. Forty trillion dollars. To pay the interest on that debt alone, America spends $1.1 trillion every year. That is more than the entire US defense…
A fuel shortage, a rate hike, and a bond market that is starting to feel both at the same time. On 9 September 2026, a barrel of North Sea crude cost $113.48. One month earlier, it averaged $91. A week later, the average American paid $6.29 for a gallon of diesel — the highest retail price since the series began…
Market observation period: 6 August – 6 September 2026. Every figure in this article carries a dated source, listed at the end. Facts, interpretations and scenarios are clearly separated. On September 1, 2026, a number appeared on bond screens in Tokyo that had not been seen in thirty years. Japan’s 10-year government bond yield crossed 3 percent (Reuters, September 1,…
Brent crude oil closed at $88.29 per barrel on August 29, 2026. By historical standards, that’s not expensive. The world survived $147 oil in 2008. It weathered $120 oil during the Ukraine invasion in 2022. But something is different this time. The global economy is struggling with oil at $88—not because the price is high, but because the supply chains…
Something strange happened in the first week of August 2026. The American economy lost 23,000 jobs when everyone expected to gain 83,000. Stock markets responded by throwing a party. The S&P 500 jumped to a record 7,757 points. The Nasdaq hit 26,690. Together, they added $2.5 trillion in value in just five days. This is not how markets are supposed…