Shernel Thielman

The IMF lowered its global growth forecast this week to 3.1% for 2026. Conflict in the Middle East, ongoing trade tensions, and persistent inflation are weighing on global economic activity. The risks are clearly tilted to the downside. For many investors, this feels like a signal to be cautious, to wait, or to sell. But history consistently shows the opposite: periods of economic uncertainty are precisely when long-term investors build positions, not reduce them. The question is not whether...

April 2026 began with a shock. The so-called fear index of the U.S. equity market reached its third-highest level ever recorded in the first week of April, surpassed only by the peaks during the COVID-19 pandemic and the global financial crisis of 2008. Markets declined sharply, investors repositioned en masse, and major financial institutions began revising their growth expectations downward. But what is really driving this unrest? The answer does not lie in a single event, but in something...

Something is currently unfolding in the global financial markets that is receiving little attention in the daily news cycle, yet has far-reaching consequences for anyone who saves, invests, or has a loan. Government bond yields are rising sharply, and this is not a technical detail for specialists. It is a signal that the price of money is changing, and with that change, many things in the economy are shifting. To understand this, a brief explanation helps. Governments borrow money by issuing...