Monday Macro – Asset allocation update, the Nvidia show, stubborn rates, and Gold

Plus, a closer look at why ballooning government debts imply monetary inflation which should help gold prices in the long term. And we update our asset allocation tables

Asset Allocation Update

I’ve promised to keep updating my asset allocation tables every couple of months – and, on cue, here they are! They come in two guises. The first, below, is my overall take on the range of asset classes. There aren’t any changes this time. I’m still wary of equities, especially US equities, though, paradoxically, if I must own US …