Edition 344: 3 things investors need to know from last week!
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Gold Holds Steady Amid War and Dollar Strength - Gold prices steadied below $5,200 an ounce as traders monitored the Middle East war, rising oil prices, and a stronger U.S. dollar. Reports that the International Energy Agency may release a record 400 million barrels of oil boosted crude but heightened inflation concerns, reducing expectations for Federal Reserve rate cuts. Stronger yields and the dollar have limited gold’s gains despite its roughly 20% rise this year.
Source: Bloomberg
Used EV Market Gains Momentum - Falling resale prices and improving reliability are pushing more U.S. buyers toward used electric vehicles as new EV incentives decline. Rapid technological advances have accelerated depreciation, making second-hand EVs closer in price to comparable gasoline cars. Growing charging networks and better battery durability are also easing ownership concerns and expanding demand.
Source: Reuters
JPMorgan Tightens Private Credit Lending - JPMorgan Chase & Co. has restricted some lending to private credit funds after marking down the value of certain software-company loans used as collateral. The move highlights growing stress in the $1.8 trillion private credit market as investors worry about underwriting standards, AI’s impact on software firms, and rising redemption requests. While only a small group of borrowers has been affected, the shift adds pressure to an industry already facing withdrawals and heightened scrutiny.
Source: Bloomberg
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