Blip in the Trend, So Far: US Stocks vs. World and Gold, Crude - The elongated outperformance of the US stock market vs. the rest of the world may be reversing, with deflationary implications. Bloomberg Intelligence's S&P 500 fair value is about 4,032 in the case of a US recession, which fits our view for crude oil heading toward 40 a barrel and 4,000 an ounce for gold. Full report on the Bloomberg here: https://blinks.bloomberg.com/news/stories/sur82adwlu6b {BI COMD} #commodities #gold #bitcoin #stockmarket @BBGIntelligence