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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YoLoBr
voted
The $Gold Futures(JUN4)(GCmain.US$ has continually hit new record highs this year, surpassing the thresholds of $2200 and $2300 successively. On April 9th, the international gold price even soared to $2384.5, edging closer to the barrier of $2400.
Major Wall Street banks have acknowledged that both common theoretical frameworks and pricing models fail to explain the surge in gold price this time, which has intensifie...
Major Wall Street banks have acknowledged that both common theoretical frameworks and pricing models fail to explain the surge in gold price this time, which has intensifie...
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