Markets have been acting 'super weird' lately. Just look at gold prices vs. the dollar and bonds

Markets have been acting 'super weird' lately. Just look at gold prices vs. the dollar and bonds

Financial markets have already had an unusual year, but recent price action lately has been especially bizarre, according to Robin Brooks, a senior fellow at the Brookings Institution. In a Substack post on Tuesday titled “Super weird markets since Jackson Hole,” he traced the path of key assets since Federal Reserve Chairman Jerome Powell opened the door to rate cuts in a speech at the annual central bank symposium last month. “You’d have thoug…

Markets have been acting ‘super weird’ lately. Just look at gold prices vs. the dollar and bonds

Financial markets have already had an unusual year, but recent price action lately has been especially bizarre, according to Robin Brooks, a senior …