"You'd have thought that would weigh on the Dollar, lift the S&P 500 and boost commodity prices across the board. But that hasn't happened. The only thing that's moved is gold, with a massive price rise of almost 10 percent."
"The fact that the 30-year Treasury yield didn't fall immediately is weird and worrying."
"What does all this mean? Recent market moves suggest gold is the ultimate safe haven. Bitcoin is proving too volatile and speculative, so - as political pressure o"
Federal Reserve remarks at the Jackson Hole symposium opened the door to expectations of rate cuts. Market expectations would typically weaken the dollar, lift the S&P 500, and push commodity prices higher, but those broad moves did not occur. Gold surged nearly 10 percent and reached about $3,680.70 per ounce, while stocks only rallied later after benign inflation data. The 30-year Treasury yield fell only after a very weak payrolls report, and the dollar returned to roughly pre-symposium levels. Bitcoin sold off and then reverted to its starting point, showing high volatility and speculative behavior.
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