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Most investors also believe drivers such as Federal Reserve policy, the economic cycle and corporate earnings will ultimately matter more for markets over the long term. Nevertheless, expectations for politically fueled moves in asset prices around the 2024 vote are high among some strategists, with Goldman Sachs saying the election could be a “major market event.” Sameer Samana, senior global market strategist at the Wells Fargo Investment Institute, said a second term for either Biden or Trump could heighten focus on issues they have already emphasized in their first term, such as tax cuts for Trump and environmental spending for Biden. ....
Chinese traders buy 17.5 tonnes of gold, but Western buying remains exhausted - TD Securities kitco.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kitco.com Daily Mail and Mail on Sunday newspapers.