Charles-Henry Monchau's Comment & Analysis
A complete archive of Charles-Henry Monchau's articles, including current analysis & comment - Page 2
The chart below shows gold holdings (in yellow) and US Treasuries holdings as a percentage of foreign reserves. Gold is now a larger holding than US Treasuries for the first time in 30 years.
We...
Precious metals are shining this year, with gold being now one of the best-performing asset YTD, with silver closing in on its heels.
Introduction
Gold occupies a special place in human history as...
Some studies suggest that AI could take over as much as 95% of the work performed by consultants today. It raises a pressing question: will clients still be willing to pay premium fees for human-led...
From lab to market – time for Europe’s quantum leap
Introduction
The European Commission’s Quantum Strategy, released in July 2025, delineates a comprehensive plan to establish Europe as a global...
Meanwhile, US national debt reaches an all-time high. Each week, our team takes you through the last seven days in seven charts.
1. Nasdaq Market Cap Is Higher Than US GDP
For the first time on...
US exceptionalism still stands strong. Each week, our team takes you through the last seven days in seven charts.
1. US Stocks Have Overtaken Europe in 2025 (In Local Currencies)
Many investors...
Electric vehicles were surging, until Washington abruptly hit the brakes. Now the US faces a precipice in its adoption curve. Will it recover or fall behind?
1. A Turning Point in US EV Policy
On 4...
The EU trade agreement with President Trump triggers backlash across Europe: the newly signed trade deal with the US is facing criticism throughout the continent. German Chancellor Friedrich Merz...
At the end of 2024, we identified 10 potential events and surprises likely to impact financial markets and the global economy this year. These are not forecasts, but potential macroeconomic,...
The US Dollar appears poised to undergo a death cross on the weekly chart, a development not observed since January 2021. A death cross is a technical indicator, typically considered bearish, that...