Macro Voices cover image

MacroVoices #352 David Rosenberg: This Bear Market Has A Long Way To Go

Macro Voices

00:00

Gold Breakout - What Are You Thinking?

The $175 rally to new highs was brought on by the November inflation miss. Despite Rosie's conviction that inflation has already peaked, I don't rule out the possibility of a higher print when this month's CPI comes out on December 13th. If that happens, you could see this rally reverse as quickly as it started. On the other hand, another below consensus print on December13th could rocket the market even higher. This currently, in my mind, has upside targets towards 1900. Whether we actually achieve 1900 is, I'm not super certain of on the, at least on this impulse, but moved to 1850, 1875, where the highs of May and August were, I

Play episode from 01:11:19
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app