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Gold and BTC went down immediately following the press conference with Powell. In it, he announced that the "economy is doing well". This knee jerk reaction to take his words at face value and chase anemic grown in the S&P500 is absurd. We are still in a low interest rate and late cycle environment and that will only increase going forward. Just my thoughts on...
Gold and BTC went down immediately following the press conference with Powell. In it, he announced that the "economy is doing well". This knee jerk reaction to take his words at face value and chase anemic grown in the S&P500 is absurd. We are still in a low interest rate and late cycle environment and that will only increase going forward. Just my thoughts on...