A correction is due for the dollar and gold

Eddy Markus
Thursday, 20 August 2020
Eddy Markus

Governments and central banks will have to cooperate more and more to get the economy going with debt and money creation. However, it is questionable whether consumers are also willing to lend and consume more with so many uncertainties in the future and a declining confidence in institutions. With most asset markets being overstretched in recent months, this uncertainty can lead to a risk-off phase in the next couple of months.

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