BLOOMBERG Bloomberg Markets Americas July 12, 2024
It sums up everything that you need to know in the markets. Equities are down, which means you are getting a flock into full faith and credit. You are getting massive dollar weakness for three straight days. The weakest we have seen on the dollar since 2018. The story of the week, all about gold. Investors watching back in as a hedge against low rates. Big concern about the trajectory of this economy. As i mentioned, some of that trajectory is coming from the fed. They are extending most of their emergency Lending Program until the end of the year in an effort to support the economy amid the p...