Fed Doing Cruise Control, Gold Doing Donuts, S&P Doing Wheelies!
June 18, 2023 at 04:32 AM EDT
The title to this week’s missive pretty much puts it all in perspective. And to the extent this week’s closing bit spooks you from stocks is your own cash management decision. Nonetheless, let’s start with a look at The Fed, Gold and the S&P 500.