The AI boom goes from strength to strength. Big technology companies are pouring hundreds of billions of dollars into chips, data centers and power-hungry infrastructure. One estimate puts annual AI infrastructure investment above $650 billion in 2025 and potentially over $800 billion in 2026..

A sharp productivity jump shows firms doing more with fewer workers. But the upside surprise also highlights growing risks about how these gains affect the workforce.

From an investment perspective, the financial ramifications operate on two levels — direct and indirect effects. The most direct effect is visible in the distressed debt market. Bonds issued by PDVSA, Venezuela’s state-run oil company, remain in technical default but had already begun a sharp rally in mid-December. Investors, anticipating an increased likelihood of regime change, have now seen that thesis validated.

We examine what’s driving gold’s ascent — from central bank reserves to portfolio hedging — and why it can play a strategic role for investors.

Equity markets reached new record highs over the past month, reigniting debate over whether we’re in bubble territory. Heightened U.S. equity valuations and concentrated market leadership fuel this concern — but context matters. Markets rarely move in straight lines, and short-term pullbacks, while uncomfortable, are a normal part of the cycle.

We examine the broader implications of China’s threat to expand restrictions on rare-earth exports.

A sharp shift in Fed expectations may trigger bond-market volatility while concerns about the economy may impact equities.