Insight
Gold Miners Are Sending a Different Signal Than Gold
Until a few months ago, gold was the story of the year. The metal had rallied throughout most of 2025, supported by a rare combination of forces: central banks around the world purchasing record amounts of gold, a weakening U.S. [+]
Tech Rally Is a Mega-Cap Story
Since late March, the U.S. technology sector has been the dominant story in the markets. The Nasdaq 100 has rebounded by more than 16% in fewer than 30 trading sessions, pulling the S&P 500 higher and fueling a powerful narrative: [+]
Historical Comparison Shows Split May, Weak Seasonal Bias for June
In this analysis, we review the performance of the monitored assets and examine what historical data may suggest about the potential market behavior for June 2026.
June 2026 Market Outlook: Geopolitics vs. Technology Euphoria
Financial markets are evolving into an increasingly compelling environment. Within a backdrop that remains firmly risk-on, two dominant themes are competing for investors’ attention: on one side, the international geopolitical crisis and its implications for inflation and growth expectations; on [+]
May 2026: Equities at highs, crypto and precious metals under pressure, bonds lead recovery
May 2026 was the month in which the Dow Jones reached a new all-time high and the S&P 500 completed eight consecutive weeks of gains — a streak not seen since 2023. Yet beneath the surface, market breadth continued to [+]
Is the Commodities Rally Showing Its First Signs of Fatigue?
The DBC — the leading ETF tracking a diversified basket of commodities — reached its highest level in the past five years in recent days, posting a 29% gain over the last three months. The rally has been driven primarily [+]
After the 2025 Surge, Platinum and Palladium Come Back Down to Earth: What’s Behind the Collapse
For platinum and palladium, 2025 was an extraordinary year. Platinum had gained roughly 90% since the second quarter, while palladium was up more than 80%. Prices had returned to levels not seen in years, driven by a combination of supply [+]
U.S. Consumer Sentiment Signal Strengthens in may 2026 as Discretionary Spending Regains Leadership
The intermarket analysis of U.S. consumer confidence shows an interesting development in May 2026 compared to the signal observed in April. The ratio between discretionary and defensive consumer sectors (ETFs XLY and XLP) has remained above its long-term moving average [+]
Asset Allocation: May 2026 Investment Ideas
The May Outlook identifies a risk-on regime with persistent inflation and no near-term room for monetary easing: a context in which growth holds but the cost of money does not come down. The common thread running through this month’s tactical [+]
Financial Markets May Outlook 2026: Equities Hold Up as Bonds Come Under Pressure
We have reached our usual monthly outlook on financial markets, and May 2026 presents itself as a month in which the themes of economic growth and inflation expectations will shape the performance of equities and fixed income. For now, the [+]
April 2026 Data Show Calmer Markets, but Anxiety Still Runs Deep
April 2026 is coming to a close, and as usual we are reviewing the key statistics on financial market performance and our Health Scores. The picture that emerges is one of investors somewhat calmer than in March, but with concerns [+]
May Seasonality: What the Statistics Are Signaling
May has traditionally been the month that divides market participants between those quick to invoke the old saying “sell in May and go away” and those who dismiss it as mere calendar folklore. Our seasonality analysis for May, covering more [+]
Dollar and Emerging Equities: Negative Correlation Holds Firm
The relationship between the US dollar and emerging equity markets follows a simple logic: when the dollar appreciates, emerging assets tend to suffer—their currencies weaken, dollar-denominated debt becomes more expensive to service, and capital flows shift toward the United States. [+]
Latin American Equities: Three Markets, Three Different Stories
The equity markets of Brazil, Argentina, and Mexico currently share an unusual characteristic: the structural volatility of all three is compressed to historical lows at the same time.
April 2026 Correlations: Bonds Lose Their Hedge, Energy Moves to Its Own Beat
There are times when markets stop behaving as expected. What we are experiencing in these weeks clearly falls into that category. The April 2026 analysis of correlations among the assets monitored by KbMeter has identified two interesting structural changes, both [+]
Financial Markets on Pause: What the Volatility Scanner Is Signaling
Twenty-four out of the 131 financial instruments monitored by KBMeter are today showing their structural volatility at historical lows simultaneously. This is not an isolated signal in a single market: it simultaneously affects U.S. and European equities, Latin American emerging [+]
Deep Dive: Platinum Pullback Seen as Healthy After Prolonged Surge
Platinum rose by 127% in 2025, reaching a new all-time high of $2,125/oz in early January 2026, before partially correcting. The absolute peak was reached on January 26, 2026, at $2,920/oz, from which a significant correction began.
Dollar and VIX, correlation has turned positive
The war in Iran has pushed the dollar back into doing what is typically expected of it during crises: rising. Many analysts have highlighted this in recent days, noting how the correlation between the dollar and the VIX — the [+]
US Consumer Confidence Intermarket Analysis: Early Signs of Recovery in April 2026
The intermarket analysis of U.S. consumer confidence shows an initial sign of improvement in April 2026 compared to the uncertainty that had characterized previous months. The relative strength between discretionary and defensive consumption has moved back above its long-term moving [+]
U.S. Sectors: Selective Rotation Extends Into April 2026
The U.S. equity market is currently in an expansion phase, but with internal signals that call for caution. The sector analysis for April 2026 suggests the continuation of a selective rotation, with some notable elements.
