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Gold Shines Brighter Than Ever | Weekly Market Commentary | March 11, 2024

Gold Shines Brighter Than Ever | Weekly Market Commentary | March 11, 2024

Bullion broke new ground last week after rallying to a record high. Growing investor confidence for a Federal Reserve (Fed) rate cut by this summer dragged down yields and the dollar, creating a tailwind for gold. The breakout above key resistance at $2,075 was also a major technical development, confirmed by bullish momentum that suggests the rally could continue. Global central bank demand has been another key catalyst and has shown no sign of slowing down, while a rebound in demand from gold-related exchange-traded funds (ETFs) could provide additional support for the yellow metal.

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Super Six Drives Solid Earnings Season | Weekly Market Commentary | March 4, 2024

Super Six Drives Solid Earnings Season | Weekly Market Commentary | March 4, 2024

After a slow start mired by messy bank results early on, corporate America picked up the pace and ended up delivering results well ahead of expectations. The “Super Six” was part of the story — the Magnificent Seven minus Tesla (TSLA) — but resilient profit margins are also noteworthy. Here we review fourth quarter earnings season and share some thoughts on the earnings outlook for 2024.

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Peering into 2024

Peering into 2024

What are we expecting from the markets in 2024? Let’s take a look. Expect surprises. No one can accurately see into the future. As we saw in 2023, expect the unexpected. We believe that having a diversified portfolio is the best way to protect yourself against market...

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