Bloomberg Surveillance Single Best Idea with Tom Keene: Mike Wilson & James Steel
Feb 24, 2025
Delve into the intriguing intersections of market insights and global economic connections. Discover projections for stocks and the influence of international politics, particularly from Germany. The discussion shifts to critical economic factors like tariffs and government efficiency. Uncover the allure of gold investments, historical price trends, and the emerging role of palladium in electric vehicles. This conversation is packed with valuable perspectives on the current trading landscape and its inherent risks and opportunities.
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Market Factors
- Consider tariffs, immigration enforcement, and government efficiency.
- Deregulation and tax cuts have delayed positive effects.
Gold's Historical Highs
- Gold reached new highs in nominal terms.
- The all-time high is $850 in January 1980, equivalent to $3,400 today.
Gold Expert
- James Steele provides valuable perspectives on gold.
- Tom Keene recalls discussions about gold reaching new highs.