New S&P 500 all-time high in sight while gold tumbles

Today's slide deck: bit.ly/3ixPtsH -
Equities are grinding higher today with a new all-time high in the S&P 500 in sight. The real action continues in gold which dipped below 2,000 earlier as real yields continue to climb a bit and traders are trading profits on the good run-up in gold. Oil continues to be range bound ahead of monthly oil market reports. Vestas reports Q2 earnings this morning showing strong revenue generation and FY20 revenue guidance significantly above market expectations. Today with Peter Garnry on equities and Ole S. Hansen on commodities.

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