Following the US midterm elections, the Dow Jones advanced 2.13 percent with more all-time highs to follow before the year ends.
There’s a market turnaround based on rising trade volume while gold’s step sum continues its advance.
The FOMC reduced its balance sheet by $37.91 billion this month, and its quantitative tightening could trigger deflationary forces in the stock market.
The stock market saw its third day of extreme volatility in the past two weeks, with Dow Jones just 5.61 percent away from its new all-time...
In the previous week, the Dow Jones set two new all-time highs, closing at 5.55 percent.
Real estate is in a bull market and mortgage rates have increased 4.72 percent, a level not seen since May 2011.
Gold is expected to resume its bull market while Dow Jones needs new all-time highs.
The Dow has exceeded the highs it recorded in January while gold is slowly seeing higher prices.
It seems that the gold price posted on August 15, at $1,165.50, is the bottom of its current decline.
Dow Jones can be expected to continue its upward trend in the coming months after closing higher last week while gold slides lower.