The Great Market Tide Has Now Shifted To Risk-Off Assets

Recently safe haven assets such as precious metals and Treasuries are soaring at the same time that stock markets bounced strongly off the post-Brexit lows.

Risk-on assets (stocks) rising at the same time as safe-haven assets is akin to dogs marrying cats and living happily ever after.

What the heck is going on?

Why is the market acting so schizophrenic? What’s changed?

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