Related trading instruments: SPDR S&P 500 Index ETF (SPY), SPDR Gold Trust ETF (GLD)
Jul 27, 2020
Bearish Scenario For Stocks
I wonder how long it will take equity investors to realize that a collapsing dollar and soaring Gold price are bearish for stocks, as it will force the Federal Reserve to dump bonds, forcing interest rates to surge, the Federal Government to slash spending, and corporate earning to plunge.