ECONOMY ‘Somebody has it wrong’ on U.S. reces
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Posted On: 12/11/2023 7:06:03 AM
ECONOMY
‘Somebody has it wrong’ on U.S. recession risks as oil, gold and Treasurys diverge, fund manager says
PUBLISHED MON, DEC 11 20236:17 AM ESTUPDATED 41 MIN AGO
KEY POINTS
Markets are confused over the risk of a recession hitting the U.S., and “somebody has got it wrong,” according to hedge fund manager David Neuhauser.
Falling oil prices and rising gold prices indicate growing recessionary fears — but 10-year Treasury yields jumped on Friday amid hopes of a soft landing.
‘Somebody has it wrong’ on U.S. recession risks as oil, gold and Treasurys diverge, fund manager says
PUBLISHED MON, DEC 11 20236:17 AM ESTUPDATED 41 MIN AGO
KEY POINTS
Markets are confused over the risk of a recession hitting the U.S., and “somebody has got it wrong,” according to hedge fund manager David Neuhauser.
Falling oil prices and rising gold prices indicate growing recessionary fears — but 10-year Treasury yields jumped on Friday amid hopes of a soft landing.
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