Does gold get it? Aligned with falling short-end yields is the 200-day moving average of the S&P 500 measured in gold ounces. My view is the US stock market is the economy, with a capitalization over 2x GDP, and the Fed is more likely to ease when equities and bond yields fall. Full report on the Bloomberg here: https://blinks.bloomberg.com/news/stories/t1e427gq1ysn {BI COMD} #gold #stockmarket #bonds #federalreserve @BBGIntelligence(Mike McGlone)