Dollar
Inflation Fears Push Consumer Mood To Historic Low
The consumer sentiment index dropped to 44.2, marking the third straight monthly decline and falling below the previous record low set in April
Gold’s Grim Message
Central banks’ purchases and repatriation of gold are on the rise, and both should be viewed as a symptom of deglobalization. They signal the advent of a more geopolitically fragmented world in which cross-border transactions of all kinds are poised to become more difficult and costly.
