The Warsh Washout Compared to the other candidates, Warsh is certainly more on the hawkish side of the spectrum. And so, most asset classes wavered: The record-breaking streaks in gold and silver have also ended – at least for now. Gold and Silver are currently down about 12% and 25% from their peaks, respectively. And that is despite concerns over a potential escalation in the Persian Gulf. US equities are down notably (led by Small Caps – most rate sensitive)… Momentum is getting mugged… Treasury yields opened the day higher.. but retraced as stocks tumbled… The dollar is rallying… Bitcoin… — Continue at ZeroHedge News : Read More
