Fund@mental Weekly Review (EN) - May 8th, 2026

Welcome to a new episode of the fund@mental Weekly Review! This week, we explore 7 macroeconomic notes by Gustavo A. Cano to help you understand the fragile tightrope of the current global economy. We analyze the massive market disconnect: the Strait of Hormuz has been closed for 66 days, Brent crude is hitting $120, and gas prices have surged 50%, yet equities are still sitting right near all-time highs. We explore if a potential US-Iran MOU could bring oil back below $100 , and how fiat debasement has pushed Tether to buy 120 tons of physical gold to protect its reserves. Furthermore, we break down Japan's desperate defense of its currency, spending $200 billion selling US Treasuries , which threatens the yen carry trade that props up US markets. Finally, we reveal the terrifying concentration in AI, which is directly linked to a staggering 75% of Q1 2026 GDP growth , and how the S&P 500 offers a measly 1.08% dividend yield compared to a 4% Treasury yield. With cash rapidly losing purchasing power, what will define a safe asset in tomorrow's economy?