IMF Warns of Downside Risks; Gold Bulls & Bond Rotation
The IMF flagged downside risks dominating the global outlook; investors predict gold will reach a new record within two years; major institutions are rotating into bonds as yields become attractive.
What we know
The IMF issued a series of warnings: downside risks dominate the economic outlook, Asia faces fresh challenges, and war will have lasting effects on Middle East sectors. Against this backdrop, the FT reports that investors predict a new gold record within two years. An account on X notes Goldman Sachs, JPMorgan, and PIMCO are bullish on bonds as yields reach compelling levels amid broad asset liquidation. Japan's industrial production missed badly across all metrics, adding to global growth concerns. Ericsson was a bright spot, massively beating Q3 estimates on sales, EBITA, and margins.
Sources
“Investors predict new record price for gold within two years”
View post →By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.