vrijdag 28 juli 2017

Bonds And Bullion Bid After GDP Disappoints

A miss for Q2 GDP and slowing growth in employment costs has taken the egde of the 'reflation' trade and lower the boom on The Fed's hoped-for rate-hike trajectory. While stocks are ignoring all the mayhem...


The dollar has tumbled to new multi-year lows...


And gold and bonds are rallying notably...