Mike McGlone|May 21, 2026 10:39
Metals and Cryptos Look Like Stocks' Sock Puppets
The takeaway from falling metals and cryptos vs. the S&P 500 may be that they just can't keep up with the rapidly rising US stock market. My graphic shows the waning performance of the Bloomberg All Metals Total Return Subindex and Bloomberg Galaxy Crypto Index vs. the S&P 500 Total Return Index. It may be silly to opine on metals or cryptos absent an outlook on beta.
Full report on the Bloomberg here: https://blinks.bloomberg.com/news/stories/tfdqm8kgifww {BI COMD}
#bitcoin #copper #gold #cryptos #stocks @BBGIntelligence(Mike McGlone)
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