While investor sentiment on the US economy remains stubbornly bullish, this could give way to volatile conditions similar to those seen before the 1973 stock market crash, according to Bank of America Merrill Lynch.
As the Trump rally is showing signs of faltering, would it make sense to hedge your bets and go for gold?
Like swapping cocktails for jogging, a rally in gold is becoming a New Year’s tradition. Eight times in the last 10 years gold rose against the Dollar in January. The previous four decades’ strike rate was 48%.
While Brexit and Trump dominated the headlines, the funds which delivered the best returns in 2016 told a different narrative.
The dollar surged this morning on the back of only the second Fed rate rise since the 2008 financial crisis.
Investments in commodities and natural resources bounced back to make it the top performing investment trust sector in 2016, according to new figures from the Association of Investment Companies (AIC).
Gold jumped as much as $75 an ounce on Wednesday, while gold miners surged as investors watched Donald Trump edge ever closer to the White House.
BlackRock’s breakdown of October’s global ETP landscape showed US investors pouring into US large caps and wary of European equities.
New US investors in gold increased by 81% over the month of October as the price of bullion fell to its lowest level since April at $1266 per ounce.
The once “unthinkable” prolonged period of low and negative interest rates may have even further to travel, according to the chief economic adviser to insurance giant Allianz.
Sarasin & Partners has been building up its holdings in alternatives for the first time in “several years” on fear of a market correction.
Western investor sentiment and demand for gold and silver retreated in September, falling off three-year highs with US new accounts falling by almost one-third.
