‘Bearish’ Relationship Between Gold & Copper, Stagflation Threat

Jordan Rizzuto warns that the longer tariffs stay in place, the closer to stagflation the markets get. He also says they complicate the Fed’s ability to make rate cut decisions. He talks about different factors that could be hurting the U.S. dollar, including concerns about fiscal deficit and other countries diversifying away from U.S. assets and debt. He compares the relationship between copper and gold, and says it’s turned “bearish.”

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