Korelin Economics Report

Election news and COVID vaccine news driving optimistic thoughts from traders – We dive into US markets and gold

Ed Moya, Senior Market Analyst joins me today to share his thoughts on the news developments from the weekend that are driving money back into risk on assets. The Dow is leading the US broad averages with the NASDAQ seriously lagging, while the safe haven assets, gold and treasuries, are getting hammered. The key from the conversation is to not jump all in on the moves today, it is still a long road back to normal.

http://www.kereport.com/wp-content/uploads/2020-11-09-Ed-Moya.mp3

Click here to visit the OANDA website to keep up to date on Ed’s daily note.

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