The market is scared of thunder. Everyone runs to gold, like a dog runs to its human.
The things you buy. More bones = it goes up more. Empty bowl = it goes down. 🔍 Tap a bowl to sniff out why. The noses 👃 tell you how sure we are: one = faint smell, three = very strong smell. 🏠 = what changes at home, for you too.
American companies are worth less: your human's savings go down a little. No new toy today.
European and Italian companies are worth less: your human looks thoughtful. Stay close and let them give you a pat.
In America loans cost more, and here too the mortgage on the house with the garden could get more expensive.
Italy pays more interest on its debts: less money for parks, and mortgages become pricier. Anyone holding Italian government bonds sees them worth less.
Nothing new round here today: time for a nap.
Gold goes up when people are scared: it's like hiding the tastiest bone under the cushion.
Bitcoin goes down: anyone holding it has droopy ears. It bounces up and down like a crazy ball.
The dollar goes up and the euro is worth less: holidays in America cost more, and things bought in dollars, even oil, become pricier.
An ETF is a great big bowl filled with food from lots of companies of the same kind. If you don't know which bone to pick, take the whole big bowl. The wooden label shows the name of the American big bowl it follows.
People who build houses and gardens. Mortgages are expensive: the new garden will have to wait.
Very expensive bags, clothes and collars, lots of them made in Italy. Even the richest people are watching their money.
The real guard dogs: companies that make weapons and systems to protect countries. Countries are spending more to protect themselves because there's tension in the world.
Solar panels and wind turbines. Building plants costs more, often because interest rates are high.
Shops, including the kibble one. Families are spending less: maybe kibble will go on offer.
Companies that sell petrol and gas. When they earn more, it usually means pricier petrol and bills.
Planes and holidays (meanwhile you go to grandma and grandpa's, or to a dog retirement home). Pricier fuel or fewer trips: tickets might cost more.
They make cars, the ones you love chasing. They're selling fewer, or paying more tax to send them abroad: new cars might cost more.
The place where your human keeps the money for kibble. Doing well, often because interest rates are high: mortgages cost more.
They dig in the ground to find gold and metals, just like you do in the garden. Metals cost more: wires, batteries and dog tags might get more expensive.
The phone companies where your human looks at your photos. Investors worry they'll earn less.
Electricity, gas and water, even the water in your bowl. This usually happens when interest rates rise, because they have lots of debts.
They make chips, the tiny brains inside phones, computers and even the robot vacuum cleaner that scares you. Lots of computers are being bought: party time.
Medicine and healthcare: the humans' vet. New medicines or more sales.
The factories that build machinery, trains and planes. Nothing special today.
The companies the newspapers talked about today.
A big American bank that looks after savings. Down: today nobody throws her the ball.
Makes Fiat, Jeep, Peugeot and lots of other cars. Up: everyone wants to play with her.
It's Google: internet searches, YouTube and Android. It's up: everyone wants to play with her.
Makes Windows, Office and the Copilot artificial intelligence. Falling: today nobody throws it the ball.
Makes chips for computers and video games. It's down: nobody's throwing it the ball today.
It makes the memories where computers and phones save things. It's going down: nobody's throwing it the ball today.
It makes steel pipes for drilling oil and gas. It's up: everyone wants to play with it.
Makes the chips that make artificial intelligence work. Today it's staying in its dog bed.
🐿️ = a big story but not confirmed yet: it makes you want to run, but it's better to stay sitting.
The American central bank is keeping interest rates high: the mortgage for the house with the garden stays expensive.
Tariffs are a tax on things that come from far away. If they go up, even rubber toys and imported kibble can cost more.
Tariffs are a tax on things that come from far away. If they go up, even rubber toys and imported kibble can cost more.
Somewhere in the world there's a thunderstorm of war: pricier petrol and people hiding their savings in gold.
Lots and lots of money is being spent on smart computers: the chip companies are celebrating.
Somewhere in the world there's a thunderstorm of war: pricier petrol and people hiding their savings in gold.
Prices are rising: with the same money, your human buys less kibble than before.
The American central bank is keeping interest rates high: the mortgage for the house with the garden stays expensive.
Note for the human. Dogs see the world in yellow and blue: to them, red and green are almost the same shade of grey. Here, yellow = up, blue = down.
Treasuries and Italian government bonds are priced in: a full bowl = yields falling.
The ETFs on the labels are the US ones used as a benchmark for the sector, not a shopping list. In Italy a saver usually can't buy them (they lack the KID required by PRIIPs rules): you need the equivalent UCITS version listed in Europe.
The information provided is for informational and educational purposes only and does not constitute financial advice, an investment recommendation or a solicitation to buy or sell financial instruments.