(ZH) Trump Celebrates “A New Record” As Stocks, Bond Yields, & The Dollar Soar

(ZH) Another day, another trade-deal headline saying nothing new but good enough for the algos…

US equity markets love it…

Surging to new record highs, a fact not missed by the president…

BofA Merrill’s Paul Ciana Recommends Buying Bonds, Shorting Dollar-Yen

Donald J. Trump@realDonaldTrump

Stock Market up big today. A New Record. Enjoy!58.4K3:43 PM – Nov 7, 2019Twitter Ads info and privacy22.5K people are talking about this

But he probably will not be happy that the dollar is also soaring…

Source: Bloomberg

Gold is, of course, getting monkeyhammered…

And interest rates are also spiking…

Source: Bloomberg

Housing markets won’t like that much.

And as rates rise, will gold catch down to global volumes of negative-yielding debt?

Source: Bloomberg