YoLoBr
liked
Last nights stronger than expected US retail sales data (following on from the stronger than expected jobs data) is yet another reminder that the economy is stronger than thought. And maybe the Fed does not even need to cut rates at all.
We have been saying markets would probably rub out rate cut expectations. It's happening ...
We have been saying markets would probably rub out rate cut expectations. It's happening ...
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YoLoBr
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As tensions in the Middle East escalate, major Wall Street institutions have revised their gold price targets upward. Goldman Sachs is bullish with a target of $2,700, while Bank of America's expectation stands at $3,000. UBS is projecting an even more ambitious figure, calling for a remarkable $4,000 per ounce—a potential doubling of current prices.
$Gold Futures(JUN4)(GCmain.US$ have consistently been hitting new record high...
$Gold Futures(JUN4)(GCmain.US$ have consistently been hitting new record high...
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