The ‘Happy Place’
"It's almost as if it just can't get any better than this," one strategist told Bloomberg Friday, after a week that found stocks and bonds rallying together.
Gold also logged a weekly gain. A widely followed investment grade credit product managed a fourth straight weekly advance despite a Friday slump. Commodities rose ~3%.
You might call it the return of the "everything rally." We've seen these before. What's particularly notable right now is bonds' resiliency in the face of scorching US eco
Gold rallying is an early warning signal for stocks……if the economy is going to remain good, no reason to buy Gold.