How Does U.S. Inflation Data Affect Gold and the Dollar?
Why can gold fall when inflation is high? I explain how to read U.S. inflation reports through the surprise, core prices, and the interest-rate channel.
Efe Tanyer
Market Guides
16 Market Guides
Newest first
How do U.S. jobs reports move gold and the euro?
Strong jobs alone do not tell us where markets will go. The surprise, wages and the Fed’s priorities can change how the same report affects gold and the euro.
What happens when oil rises? Inflation, bond yields, and technology stocks
When oil rises, markets are not pricing one single story. Supply, demand, rates, and Türkiye's exchange-rate, tax, and energy-import channels can carry the same move to different outcomes.
Who Really Pays for a Tariff?
The importer receives the legal customs bill. The economic burden is shared across the chain according to exporter prices, company margins, consumer demand, exchange rates, and sourcing decisions.
What Has Turkey Learned from Inflation and Currency Shocks?
Turkey's experience from the late 1950s to 2026 needs to be read through domestic demand, real income, bank balance sheets and productive capacity as well as the external balance. This Guide compares which corrections lasted and which value indicators separate the next scenarios.
How Stablecoin Demand Is Changing U.S. Treasury Bills
When one dollar enters a stablecoin, the issuer usually places the reserve in short-dated U.S. Treasury bills, repo or bank deposits rather than leaving it idle. This guide explains how digital-dollar demand can move three-month yields, when the effect is merely a reshuffling within money markets, and how the mechanism can reverse during a wave of redemptions.
AI's Invisible Systems: An Investment Thesis from Chips to the Grid
The next layer of value in AI may sit with the companies that control the systems required to run models, rather than the most visible model itself. This Guide records a testable thesis around power quality, data movement, thermal systems, grid access and the control plane for AI agents.
Who Captures Value in the AI Chain?
In the AI chain, value may accrue not to the company selling the most visible product but to the layer controlling the hardest bottleneck to replace. This guide follows the chain from chips and advanced packaging to lithography, electricity and the cloud, asking which advantages can last.
Why Can a Portfolio Lag When the Index Rises?
An index is not the return of the average stock. Weighting, sector exposure and return definitions explain how a rising benchmark and a lagging portfolio can coexist.
How to Read a Company's Financial Statements: Profit, Cash Flow and Debt
Reading a balance sheet means more than checking net income. Using Amazon, this Guide connects profit conversion, investment, debt, leases and the notes.
When Does AI Investment Create Growth, and When Does It Become a Balance-Sheet Risk?
AI investment should be judged by demand visibility, post-investment cash capacity and financing strength, not spending size alone. Using Microsoft, Meta and Amazon, this guide explains when strong growth signals future capacity and when it creates balance-sheet risk.
Where Does Risk Accumulate in Private Credit?
The real risk is not the size of private credit alone, but where a loss appears when a borrower comes under pressure. This Guide follows the chain from borrower cash flows to fund marks and liquidity connections through real cases.
Why Can a Stock Fall After Good Earnings?
An earnings release is more than last quarter's profit. Understanding the price reaction requires a joint reading of the expectation bar, forward guidance, earnings quality, cash needs and valuation.
How Executive Pay Shapes Corporate Behavior?
A practical framework for seeing which decisions an executive scorecard can make more attractive, when that pressure becomes stronger and what investors should test before treating the scorecard as the cause.
When Does a Stock Buyback Create Value, and When Is It a Warning?
To judge whether a buyback creates value, look beyond the authorization to the net share reduction, how earnings per share changed, purchase price, financing and the best alternative use of the cash.
When and Why Do Bond Yields Move the Nasdaq-100?
The US ten-year Treasury yield does not move the Nasdaq-100 by itself. A practical framework for separating discount rates, earnings expectations, risk premia and corporate financing.