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Can someone smarter than me tell me if this affects me or not? (europe.pub)
submitted 8 months ago by to c/outoftheloop@lemmy.world
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[–] 33 points 8 months ago (1 child)

It does affect you, in a sense that this represents volatility, which in turn is usually bad: it means that investors are nervous with policies, markets etc. It is a symptom for the chaos currently fueling the world.

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  • [–] 1 point 8 months ago

    Gold prices falling is usually an indicator of market stability rather than volatility. I suspect the new fed chair pick is the cause for the selloff. Although he seems more like a business-as-usual sort of guy rather than a Trump crony so I don't know why anybody thinks he will do anything differently compared to Powell.

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