US EditionGold Outperformance Reflects Growing Unease Beneath Market Surface - Finnoexpert
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Gold Outperformance Reflects Growing Unease Beneath Market Surface - Finnoexpert
To our surprise, the US economy has not entered a recession over the past two years. This is not because a recession has been avoided altogether, but because the current economic cycle has been elongated. We use the commodity/ ratio (the Spot Commodity Index (GNX) or the CRB Index (CRB) divided by the US$ gold price) to define booms and busts, with booms being multi-year periods during which the ratio trends upward and busts being multi-year per…
Investors enter the second half of the year with concerns. Overpriced stocks await a practical test
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