Bill Gross said via X: “Regional bank “cockroaches” may continue to affect stocks AND bonds. 10 year Treasury has no business below 4% though 4.5% more like it – too much supply/deficits despite slowing, soon-to-be 1% growth economy. Gold has become a momentum/meme asset. If you want to own it, wait awhile.” Stocks in the gold space include Gold Fields (GFI), Harmony Gold (HMY), SSR Mining (SSRM), DRDGold (DRD) (DRD, AngloGold Ashanti (AU) and Kinross Gold (KGC).
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