Charts That Matter - Thursday, Nov. 28
Latin American markets are experiencing a rout as anti-government protests spread. Brazil, Chile and Colombia’s currencies have all weakened to record lows. @BenBartenstein
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“Streaming wars will cost Disney, Netflix, and WarnerMedia $16 billion”.
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Yes, it is a myth. Dollar and Gold have absolutely no long term correlation. The only thing GOLD responds to is real rates ( Nominal- Inflation). If they are negative then GOLD will go up otherwise ” why should the GOLD go up”
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How this chart plays out from here will have significant implications for global markets, especially currencies, but also – for, global equities: Global Equities: US vs the World.
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