There is a lot of risk lurking with NONE of it priced in…

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Goldman Cuts Its US GDP Forecast For The Third Time In The Past Month

It’s official: while Q2 was the best quarter for the economy in decades, in Q3 it is now widely accepted that as we wrote a month ago, the wheels came off as a result of a “sudden negative change.”

Global Equities Under Pressure As Economic Worries Mount

U.S. shares were mixed and global equities retreated from record highs on Tuesday, as mounting worries over the slowing pace of economic recovery and the impact of the coronavirus Delta variant overtook investors’ hopes the Federal Reserve will delay tapering.

See also  Gold prices could notch an all-time high soon — and stay there:Gold’s all-time high was $2,075 in August 2020, according to Refinitiv data.Tina Tenge from financial services company CMC Markets,xpects gold will trade between $2,500 to $2,600 an ounce.

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