Safer assets from gold to Treasurys are rising alongside major indexes, a sign that the stock-market rebound hasn’t assuaged investors’ fears about the world economy.
The S&P 500 has rebounded 24% from its March 23 multiyear low. At the same time, gold on Tuesday climbed to its highest level in nearly 7½ years, bringing its gains for the year to 15%. Billions of dollars have flowed into gold exchange-traded funds, and sales of physical bars and coins have soared.
Stock prices show they are being inflated only by central bankers.
Nobody is going back to work without widespread testing. Watch?
time will tell what will happen with the economy... as usual people are underestimating the Millennials and GenX whose spending patterns are about to REALLY CHANGE!! They Are Traumatized By Current Events and I Doubt Shiny New Technology is gonna work this time!
When the monumental unemployment numbers dont faze the stock markets, you know you've reached a point where the stock market is completely detached from the real productive economy.
Wages will go up. Rent will go down. Workers will start saving.
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: latimesfood - 🏆 699. / 51 Read more »