Just a follow up on your comments relating to gold and energy.
In rising interest rate environments, people turn away from gold which returns 0 and go into interest backed vehicles.
Energy price is killed off on weakening demand. At present this hasn't shown as such but could change quickly so be willing and ready for a pivot to occur as economic conditions change.
XJO - Bear Posts only (Factors which might cause the markets to fall), page-4099
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