Stock markets are taking a cue from gold this morning, with gains across the globe. Japan’s Nikkei has jumped 2%, and China’s CSI 300 index gained 1%, on hope of a US interest rate cut soon. In London, the FTSE 100 has jumped by 48 points, or 0.
NickSubasic Rudy25282982
You know things are turning to crap when gold starts climbing
This could be interpreted as a continuous indicator of diminishing confidence in the US dollar. It also suggests, that not just central banks, but private investors are betting on a global recession caused in part by the TrumpAdministration's imbecilic TradeWars with China.
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