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At the start of 2023, most economists and Wall Street leaders were convinced that a U.S. recession was imminent. With the Federal Reserve rapidly hiking interest rates to fight inflation, raising borrowing costs for already struggling businesses and consumers nationwide, economic and market forecasts were bleak. Investment banks’ average year-end price target for the S&P 500 fell to just 4,000 as bearish predictions flooded in late last year, implying the blue chip index would rise a mere 4% this year (compared to its roughly 10% average yearly gain since 1957)....

As the geopolitical landscape continues to shift, traditional financial systems are facing mounting challenges, and investors worldwide are seeking additional options to diversify their wealth. In the midst of this uncertainty, a significant event looms on the horizon - the BRICS Summit set to take place in South Africa from August 22nd to August 24th, 2023.The BRICS nations - Brazil, Russia, India, China, and South Africa - are on the verge of a groundbreaking announcement that could send shockwaves through the global financial markets. Speculations abound that these emerging-market...