Mike McGlone
Mike McGlone|May 23, 2025 10:41
Does Gold Get It? If Beta's Rolling Over, It's All That Matters - Plunging crude-oil prices vs. spiking Treasury bond yields is a rare dichotomy that could legitimize gold's gains, especially if the US stock market declines. The S&P 500 bounce may be done if rising gold and yields are guides, with headwind implications for most commodities and cryptocurrencies. Full report on the Bloomberg here: https://blinks.bloomberg.com/news/stories/swple8t0afb5 {BI COMD} #commodities #crudeoil #gold #stockmarket #bonds @BBGIntelligence
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