Joel Elconin – Gold to $2,200, All-Time Highs In Markets and Bitcoin, Jobs Data; Is This Goldilocks Scenario Too Good To Be True?
Cory
March 8, 2024
Gold continuing to breakout to 2,200, Bitcoin touching $70k today and strength in many other sectors within the markets. Is this a goldilocks scenario that is too good to be true?
Joel Elconin, Co-Host of the Benzinga Pre-Market Prep Show and Editor of the PreMarket Prep website joins me to share his take on the all-time highs in gold, Bitcoin and US markets. He continues to focus on interest rates and Fed expectations as a major driver behind the bull market moves. Just be aware the higher for longer rate environment may stick around.