The barbell play of long duration stocks and gold

Today's slide deck: https://bit.ly/2Z14085  
Today we look at the continuing divergence in equity markets between the big megacaps and the broader market and why investors are favoring speculative stocks with expected profitability so far into the future, take a look at the new high close for the cycle in gold, talk the RBNZ's dovish meeting overnight and much more. Today with Peter Garnry on equities and John J. Hardy on FX.