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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?


To: Goose94 who wrote (110811)7/23/2021 10:06:07 PM
From: Goose94Read Replies (1) | Respond to of 202704
 
HSU-T: Equity markets and Treasury yields tumbled sharply as the week opened, while gold held its own. Equity markets recovered however (the S&P 500 closed at a new high today!?) and yields rose again – and gold eased back. Next week the Fed meets again (July 26-27), and the first GDP estimate for 2021-Q2 will be released. The number, expected to be in the 7-8% range, will be the high point for the year. The Treasury market is signaling slower growth and lower inflation, which if taken to heart means the Fed will not signal any material change in its policy in the near future.

From Capitalight