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No coincidence that GOLD made a new high yesterday as SPX made a new low, and the Gold: SPX ratio suggests more of this is ahead.

00:01 - 16/05/19

Stocks are getting cheaper. Shiller PE is back under 30, right around pre-1929 crash levels

Riskier credit sold off in tandem with equities yesterday, which is a departure from recent selloffs, which were more concentrated in stocks. Spreads on U.S. junk bonds widened the most yesterday since December

These 3 countries are global offshore wind powerhouses