Rising yields bite again. Gold revival brewing?
Today's slide deck: https://bit.ly/3c0yvm2 -
Today we look at yesterday's steep and broad sell-off in US equities after the dovish FOMC meeting failed to reassure the market on fears that yields and inflation will continue to rise. Also a look at the massive sell-off in crude oil, gold's interesting resilience and divergence from previous behavior, a round-up of the Bank of Japan meeting, FedEx and Nike earnings and more. Today's call with Peter Garnry on equities, Ole Hansen on commodities, and John J. Hardy hosting and on FX.
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