TCW91: Gold shines bright as the S&P500 faces a grim forecast.

Gold’s glittering again, hitting record highs as the ultimate “safe bet” while the world grapples with election chaos and global tensions. Investors are flocking to it for stability, like it’s the market’s comfort blanket. Meanwhile, Tesla has finally pulled itself out of the gutter with a 20% stock boost, thanks partly to its upcoming Cybertruck (yes, the blocky one that looks like an origami project gone rogue). In bigger market news, Goldman Sachs is predicting the S&P 500 will only see a 3% average return over the next decade, leaving us all wondering if it’s time to rethink the so-called “safe bets.” And wrapping up, luxury brands like Gucci are riding a rocky wave with declining sales, especially in China, but some investors are convinced the bottom is in - because if things get any worse, at least they’ll look fabulous doing it.

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