Follow Us
GOLDGOLD$3,832.98
24h
-1.16%
11 Nov, 01:32
Gold expected to underperform equities on economic expansion
Bearish-4.72%
AI Summary
The author expects gold to underperform equities as economic expansion, signaled by the ISM manufacturing PMI breaking above 50, favors risk assets over precious metals.
With economic expansion as indicated by ISM manufacturing PMI convincingly breaking above 50...
... the NASDAQ $NDX should outperform #gold moving forward. https://x.com/cantonmeow/status/2120328681709347146/photo/1