Is It Time to Go Digging for Gold?
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Stocks continue their upward march as markets gear up for the much-anticipated Jackson Hole Symposium, commencing today. Preliminary payroll revisions, coupled with the latest Federal Reserve meeting minutes, strongly indicate a potential rate cut in the US in September. This ...
Markets are abuzz with speculation that the Federal Reserve may deliver a larger-than-expected 50 basis-point rate cut next week. As a result, yields have tumbled, and gold prices have surged to new record highs. Meanwhile, equity markets continue their winning streak, with th ...