yes, funny month of mixed returns indeed, especially seeing commodities/euro move up and gold/oil move down, usually those 2 groups are pretty well correlated, however overall i think the movement is suggesting lower interest rates out of the FED. Since this is so obvious it can only mean the trade going into February/2nd Qtr is long quality gold stocks, short pricey commercial real estate I think, scale in and out of the best pairs, love fading big moves like this from prior months, as they say "this too, shall pass".....
yes, funny month of mixed returns indeed, especially seeing commodities/euro move up and gold/oil move down, usually those 2 groups are pretty well correlated, however overall i think the movement is suggesting lower interest rates out of the FED. Since this is so obvious it can only mean the trade going into February/2nd Qtr is long quality gold stocks, short pricey commercial real estate I think, scale in and out of the best pairs, love fading big moves like this from prior months, as they say "this too, shall pass".....
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