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Investment Strategies
The strategies Merk offers include gold and gold mining.
Insights & Reports
Gold Miners: Bargains or Peaking Out?
CIO Axel Merk with Portfolio Managers Peter Maletis & Jamie Holman
Replay Now Available
Webinar held Nov 13, 2025
Tweets
Post FOMC discussion with Adam Taggart x.com/i/broadcasts/1…
Few paid attention to this dovish closing statement that Warsh will at least try not to harm the labor market.
Related: a rate hike priced in by year end. Presumably in Dec to avoid pre-election hike. By then we'll have lots more data: data, not dots will dictate the next move. x.com/AxelMerk/statu…
Market reaction to FOMC: bonds haven’t fully settled, but Sep 2027 implied Fed Funds rate is 4.63 from 4.49 before the FOMC. So +14 bps despite the hike today fully priced in.
Warsh was short and to the point with his answers, limited the presser to 30 minutes. His answers were concise -- many journalists (but not all) got to ask questions.
On substance:
* Fed removing accommodation -- we are still not restrictive
* Warsh does not think labor market
Warsh: I don't think we need to do harm to labor market to achieve our objective.
Last question coming up -- looks like Warsh presser limited to 30minutes
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