People are convinced that certain things will happen - like inflation or hype-inflation. The gold chart shows that people think that the new currency is gold and that QE means gold to infinity...
I think we are in for downside surprises in all markets...in addition to a lot of false breaks. This is one of them IMO. And if that is the case, its NOT good for any inflation asset.
Sunday Night Futures
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Weekend:
• Schedule for Week of May 5, 2024
Monday:
• At 2:00 PM ET, *Senior Loan Officer Opinion Survey on Bank Lending
Practices* for April.
From CNBC: ...
2 hours ago