4 ms·
Markets price in the future, not so much the present. Right now the gold market is pricing in a Volcker-style freakout by central banks. If Powell pivots, thi
by caeril 4y ago
Markets price in the future, not so much the present.
Right now the gold market is pricing in a Volcker-style freakout by central banks.
If Powell pivots, this will surely reverse.