Soundings

U.S. Dollar

Drawing from the nautical practice of measuring depth, Soundings explores the underlying forces, risks, and opportunities beneath the market's surface..

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U.S. Dollar

Watching the Lights Turn Green

March 2026

Markets shrug off a shocking escalation in the Middle East, closing higher within hours.

Gold Math

February 2026

Gold's best month in 40 years ends in a sharp reversal. What investors do next depends on why they bought it.