Riesgo: Fundamentals of U.S. & Global Economies are Strong

Ahmed Riesgo sees potential “froth” in the gold market but believes it is overall in a long-term bullish trend. The “fundamentals of the U.S. economy – and the global economy – are strong,” he argues, noting Powell’s comments about “benign” inflation yesterday. At the same time, the housing market needs help to stabilize. Ahmed talks about Fed independence and the possibility of a government shutdown.

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