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While the ASX has been doing what it does best lately – track Wall Street, more or less – there’s been no real movement on the broader macro stage. I argue it’s felt a bit directionless the last few weeks. Russia and Ukraine are stagnant; the Middle Eastern situation is stagnant, and, the world is waiting for the U.S. election in just over two weeks. As wars linger and America stands at a very interesting crossroads that’ll surely shape the future broadly, it’s no wonder gold has been going up and up (though, it also tracks inflation, which has risen by more than +20% in major economies over t…

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