Third Time Lucky

MSCI All-Country World index IS breaking out above 2018 highs this month, which many find as a reason to rejoice- But yet, the same thing happened also in 2007 exceeding 2000 peaks? ( Mark Newton) 

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This 12-year breakout in mining stocks relative to gold now as solid as a rock. Couldn’t be more bullish for such a historically depressed industry. Exactly how the early stages of a precious metals bull market should look like. ( Tavi Costa)

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Morgan Stanley expects 2020 will be driven by an improvement in the world excluding the US, while US growth flatlines around trend. Growth differentials will, therefore, swing back in favor for the rest of the world.

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There is basically not a single financial price that currently has any true information value any longer… But really hard to lean against equity momentum. https://ndea.mk/Zombie

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