Strong returns by precious metals this year can be attributed to ‘debasement trade’, in which investors move capital out of fiat currencies into hard assets like gold and silver, Brooks said.
The economist said Powell’s tone on inflation, acknowledgment of labor market softness, and the shift on the balance sheet point to a more accommodative direction.
Major ETFs are still holding key support on the weekly timeframe, but participation under the surface continues to fade. Monday’s session showed a still-negative advance/decline split and a noticeable rise in “hard down” movers (>4%), while fewer stocks remain above short-term moving averages. The tape is not breaking yet, but it’s getting thinner.
The financial markets opened the week of December 15, 2025, with a palpable sense of anticipation, as major stock indices registered gains, signaling investor optimism ahead of a packed schedule of critical economic reports. This upward movement comes as traders position themselves for a deluge of data that promises to
Friday delivered a clear “risk-off” breadth reset: decliners overwhelmed advancers and downside volatility picked up, on heavier-than-average volume. Yet beneath the one-day damage, participation across key moving-average measures and longer timeframes remains broadly constructive, suggesting more of a cooling phase than a trend break.
As of December 12, 2025, global financial markets find themselves in a complex and volatile landscape, shaped by recent monetary policy shifts, evolving technological narratives, and persistent geopolitical undercurrents. While a series of Federal Reserve rate cuts has generally buoyed global equities, propelling some US indices to new highs, an
Thursday’s session looked more like a controlled handoff than a reversal: IWM broke out convincingly, SPY kept grinding near the highs, and QQQ cooled off under resistance.
In a Substack post, Pompliano stated that the return of quantitative easing is likely to leave investors “very happy,” given its historical impact on asset prices.
