Stimulus rally loses momentum, the data is going to be bad, Oil about to feel the pain again, Gold volatility remains

//Stimulus rally loses momentum, the data is going to be bad, Oil about to feel the pain again, Gold volatility remains

The Good Just under $3 trillion in stimulus from the US and Germany basically bought two blockbuster back-to-back daily gains for global equities. Risk appetite however could fade as the fiscal policy implementation will likely not be timely in delivering aid and relief. The job market in the US and pretty much all over the world is about to get very ugly. Earlier, doubts were growing that President Trump would not be signing the stimulus on Thursday. Bernie Sanders said he would derail a quick passing of the bill if Republicans continued their push to change the terms of money to the unemployed. The stimulus package … (full story)

2020-03-26T11:44:54+00:00