Hi ,

You may notice that U.S. futures, Asian markets, and even gold and silver declined at the same time today.

According to recent Bloomberg and Financial Times reporting, this appears to be driven mainly by position unwinding and profit-taking after strong runs, rather than new economic or earnings deterioration.

Precious metals had risen sharply in recent weeks and are now correcting as investors reduce crowded positions.

This has spilled over into equities and futures through short-term liquidity and risk-management dynamics.

Importantly, there has been no material change to the underlying economic outlook. Corporate earnings remain broadly resilient, credit markets are functioning normally, and there are no signs of systemic stress.

These reflect markets adjusting to political and geopolitical uncertainty, not a breakdown in fundamentals.

As always, I’ll continue to monitor developments closely and keep you informed if anything meaningfully changes the longer-term outlook.

Warm regards,

Zest

Executive Wealth Consultant | Associate Estate Planning Practitioner |

Licensed General Insurance Advisory

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