Posted 12/14/2023, 1:53:25 PM
Markets Rally on Dovish Fed Outlook; Currencies and Gold Surge as Dollar Drops
- Markets soared on Powell's dovish words about potential Fed rate cuts in 2024
- Currencies and metals rallied strongly with gold up $47 and the dollar selling off
- Argentina's new president is aggressively cutting deficits and government spending
- States are being ranked on sound money policies - Wyoming tops, Vermont worst
- China's yuan doubled its share of global payments over the past year to 3.6%