Market Radar 06. February 2023 Market Robust labour market: good for cyclicals, bad for goldMajor U.S. stock indexes fell back on Friday as it was revealed that the economy added 517,000 jobs in January — a figure far above the consensus estimate of 185,000. The unemployment rate fell to 3.4%. Economists had expected a slight… Continue reading Marketradar 06. February 2023
Tag: Gold
Gold an insurance for bad times?!
Gold an insurance for bad times?! Gold an insurance for bad times?” In times when the stock market is doing well, the economy is booming and there are no crises visible from a far, gold certainly underperforms. Basically, gold is an insurance against bad times. Central banks around the world are also hoarding huge amounts… Continue reading Gold an insurance for bad times?!