ST that psychological $1500 will take some testing. My read is a bit clearer from the surprised tariff reprieve. Like all market sentiments, the herd were speculating Trump to increase the pressure by possibly more tariff % whack.
If I attempt to see through this volatility, it is a buying opportunity in risk markets as equities and gold correlations converge. Diversification as we see the gold bulls reacting today.
Long term yields continue to slide indicating we are in continuous cheap debt conditions. I’m looking for trade deal triggers as possibly global economic recovery. A lot of moving parts and it is pointless predicting anything.
