VanEck

As DeepSeek’s breakthrough AI news disrupts the semiconductor industry, understand the shift from training to inference and the impacts on dominant players like Nvidia. https://lnkd.in/eqBP85Hc

David Schassler explores 2024-2025 investment themes, covering AI, financial excess, asset performance, diversification, market risks, and strategies for positioning portfolios in the years ahead.

Conference Room Trivia: Many of our conference rooms are named after trailblazers, thinkers, and innovators who shaped history along with others who were instrumental in VanEck’s founding and investment philosophy. Play along and check the comments for the correct answer ⬇️

As artificial intelligence creates increased electricity demand, “we expect nuclear to become an even greater part of the energy mix here in the United States,” Brandon Rakszawski explains on FINTECH.TV. He discusses the regulatory support for nuclear energy and its benefits as a reliable and clean power source. Watch the interview here: https://lnkd.in/eVm_tJCW. 

US GDP and corporate profit growth are healthy, but markets are priced for it. Inflation remains sticky, while the new administration is focused on implicitly inflationary policies. Combined with an unsustainable debt and deficit situation, these factors are setting the tone for 2025. What does this all mean for investors? This Newsletter explores practical strategies to align your portfolio with the key macroeconomic trends outlined in CEO Jan van Eck’s 2025 outlook.

Each year, our signature silk ties feature a whimsical depiction of a forward-looking investment trend. For 2024, we highlight the bold, innovative and conversation-starting design of our "Stylish-to-the-Core" tie, inspired by the dynamic world of nuclear energy and power. Previous designs have included the transformational and provocative impact of semiconductors and artificial intelligence on the human experience, Fed actions on financial markets and traditional asset allocation, and work-from-home themes. Shop the 2024 tie here: https://lnkd.in/eDWKD3DZ

Eric Flynn, CFA, CPA, Head of Wealth Management at Compound, joins this episode to share key trends in the RIA industry, including technology integration and consolidation. He explains how clients’ increasing demand for comprehensive services is pushing firms to scale, which has fueled M&A activity. Drawing on 25 years of industry experience, Eric discusses how advisors can navigate the decision between staying independent or joining a larger firm and ways to remain competitive as the RIA landscape evolves. https://lnkd.in/ene29e_b

CEO Jan van Eck recently sat down with Bloomberg News' Sonali Basak and Eric Balchunas to discuss inflation, the VanEck Real Assets ETF (RAAX), and more. https://lnkd.in/eeGQnbhR

Buckle up. Making money in 2025 will be trickier than in 2024. David Schassler, Head of Multi-Asset Solutions, explains that in 2025, navigating turbulence means balancing tech innovation, inflation hedges, energy shifts, and risks from spending cuts and inflation. https://lnkd.in/eXPzaP4B

As we look back at the performance of gold and gold equities in 2024, the most resounding question will be: “Why did gold stocks fail to keep pace with gold, with a 10.64% gain (GDMNTR) compared to the metal’s 27.22% increase?”. While the gold mining industry fundamentals most certainly played a role, our best answer to this question is, “Because central banks don’t buy gold stocks”. Gold equities remain approximately 40% below their 2011 peaks, even as gold prices have risen roughly 40% since then. When investors decide it’s time to add gold to their portfolio, for many of the same reasons central banks have been buying—market participants may no longer be able to ignore the very compelling case for owning gold equities. Our chart of the week illustrates the performance of gold bullion, gold bullion ETFs and gold miners across key periods from 2021 to 2024, highlighting the disconnect between gold prices, ETF flows, and miner returns during different market phases.