Annuities and High-Interest Rates: A Good Time to Consider Securing Your Investment
A rate cycle gives with one hand and takes with the other. For anyone buying guaranteed income, this is the hand that gives — and it does not stay open indefinitely. Annuity payouts have risen sharply alongside interest rates. The mechanism is straightforward, the window is finite, and the decision is one of the few […]
Good News For Investors: Inflation Likely A Thing Of The Past In The Near Term
The inflation fight appears to be won. What follows a won fight is rarely a celebration — it is usually a slowdown. A short note on what the latest readings show, and how the portfolios are positioned while the economy digests the cost of getting prices under control. THE READ Disinflation confirmed, growth cooling Recent […]
Sovereign CEO, Gary Korolev, CFA Briefly Discusses Status of the Market Post Fed’s Meeting at Jackson Hole
MARKET NOTE Gary Korolev, CFA — CEO, Sovereign Wealth Management Markets went to Jackson Hole looking for a signal. Powell gave them one, and it was not the signal they had hoped for. The Federal Reserve Chairman’s speech was watched closely for any indication of what comes next. He was unusually direct — the Fed […]
Sovereign CEO Gary Korolev on where we are in the investments cycle
For a decade, a falling stock market brought the Federal Reserve to the rescue. This time the Fed is the reason it is falling. A market update from Gary Korolev on where each major asset class stands, why the usual defences are not working as expected, and what that means for portfolio positioning while conditions […]
Sovereign CEO Gary Korolev on Current Market Volatility
A NOTE TO CLIENTS Sovereign Wealth Management Interest rates are the price of money. Raise the price and liquidity tightens — reliably, every time, regardless of what anyone would prefer. Given the volatility of recent weeks and the general absence of predictability, it seemed worth setting out plainly how we are reading the situation — […]
Bitcoin Fundamentals: Why It’s Possibly the Time to Buy and Not to Die
Bitcoin fell with the technology sector, on the same days, for the same reason. Whatever else it may be, it is currently trading as a risk asset. The speed of the recent correction surprised almost everyone. Below we work through what actually drove it, what the on-chain measures suggest about value, and where the historically […]
Uranium Fever: How to invest in uranium in light of the turbulent events in #Kazakhstan
Just one Central Asian republic moved the price of a commodity that forty percent of the world depends on… Unrest in one Central Asian republic moved the price of a commodity that forty percent of the world depends on — and the companies that mine it fell while the metal itself rose. That divergence is […]
Health & Wealth Podcast with Carter & Tim
A boy leaves the Soviet Union because his father went to prison twice for running a business. Forty years later he runs one of his own, in a country where that is simply called work. Gary Korolev joined Carter Wilcoxson and Tim James on the Health and Wealth podcast for a long conversation that moves […]
Scrap to Cash – Why Not?
You can explain enterprise to a child, or you can hand them a wrench and let them discover that an old grill is worth money. In this short film, Gary Korolev describes the lesson he teaches his own children — one that costs nothing, takes an afternoon, and leaves behind an instinct that a lecture […]
How We Are Investing During The Crisis
A central bank rarely announces the price it is willing to pay. This one did — and the announcement is more useful than any forecast. What follows is an expanded look at the conditions Gary Korolev discussed in his recent commentary: what the Federal Reserve has committed to, which indicators lead and which merely confirm, […]