Who is Scott Bessent and how did he move the gold price?

A single, sensible appointment by Donald Trump caused one of the biggest moves in the gold price we’ve seen in months. So who is Scott Bessent, and what drove the market reaction?

Why did gold trounce the stock market?

How can a pet rock, a lump of metal, an inanimate object defeat the might of the US stock market? Stocks that outperformed their peers around the world.

Ten years of wars and inflation

On Friday 22 November, US debt hit a new record – $36 trillion. There was also this little news item last week – Reuters: “Putin says Ukraine war is going global”.