Oil Is The Immediate Tax; Long Yields Are The Valuation Gate; Bitcoin And Gold Are The Tell
Oil finished the week higher. So did Bitcoin and gold. Equities did not. The S&P 500 lost 1.9% from last Friday, the Nasdaq fell 2.5%, and the 10-year Treasury yield closed at 4.697%. Two facts that should not
This week, oil, bitcoin, and gold all went up, but regular stocks went down. When these safety assets rise while stocks fall, it can mean people are worried about the economy and want to move their money to things they think are safer.
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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