The final two-month stretch of 2025 begins. Bulls couldn’t be in a better position heading into year-end based on what I’m seeing in the market’s internals.

After opening the day lower, the benchmark indices continued their upward momentum, ended the session in green.

Nomura has paid a variable annual and recent semi-annual dividend since January 1987. The current forward-looking annual dividend of $0.2376 yields 3.38% as of Friday’s share price.

The credit markets may still look calm on the surface, but there’s a tremor underneath. And gold, especially the physical kind, is starting to look like the most rational way to ride it out.

The U.S. shale oil and gas boom that began early this century had enormous geopolitical implications.