This Week’s Trends & Market Highlights
October 18, 2024 Key Market Highlights This Week:
Gold reaches a new all-time high despite rising interest rates and a stronger U.S. dollar, driven by surging national debt.
The S&P 500 breaks through to a new record high, signaling strong market momentum.
Uranium stocks ratchet higher, fueled by increasing demand for energy, especially from AI data centers.
Semiconductors roaring back, with Nvidia testing new all-time highs.
Market Insights: We’re witnessing a broad-based bull market across multiple sectors, even as bond yields rise and economic indicators fluctuate. Look out for a comprehensive update in this Sunday’s issue of the Trend Letter.
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