Gold looks like it broke out of former ratio versus oil and is on the cusp of breaking out versus copper. The 10-year chart suggests oil is oversold versus gold, but at $1675, oil could rally back to $50 and it would set up a test of the relative breakout.
Global soft landing or no landing?
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JPM with its global growth tracker. A weaker-than-expected 1.6%ar US GDP
gain last quarter reduced our tracking estimate for 1Q24 global growth to
3.1%ar...
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