Dale J Pinkert
Independent Analyst
Harry showed that the 2015 Equity top was inflated as much and more than 2007 and 2000. For people believing Gold is a good hedge in a crisis Harry talked about that gold's bubble popped a few years ago and can go to $750 in the next year. As far as U.S politics, Harry thinks if markets remain under pressure this year an outlier could win the Presidency.
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EUR/USD edges lower to near 1.0750 after hawkish remarks from a Fed official
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Gold wanes as US Dollar soars, unfazed by lower US yields
Gold price slipped during the North American session, dropping around 0.4% amid a strong US Dollar and falling US Treasury bond yields. A scarce economic docket in the United States would keep investors focused on Federal Reserve officials during the week after last Friday’s US employment report.
FTX files consensus-based plan of reorganization, awaits bankruptcy court approval
FTX has filed a consensus-based plan for its reorganization, coming almost two years after the now defunct FTX filed for Chapter 11 Bankruptcy Protection in the District of Delaware.
Living vicariously through rate cut expectations
U.S. stock indexes made gains on Tuesday as concerns about an overheating U.S. economy ease, particularly with incoming economic reports showing data surprises at their most negative levels since February of last year.