InnovAge (INNV) Reaches a 9.6% Adjusted EBITDA Margin. Can the PACE Recovery Last?
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Gold stays under pressure as surging oil strengthens Fed rate-hike bets
Precious metal faces growing pressure from higher energy prices as fighting escalates in the Middle East
- Gold declines near $4,320 an ounce as oil prices surge
- US inflation rises 0.4% in August, driven by energy costs
- 70% probability of Fed rate hike before Sep 15-16 meeting
Gold on track for third weekly loss as US inflation data looms
This comes as expectations of a US rate hike strengthened
Bond Market Has a Cow, Treasury Yields Spike across the Board, 10-Year Yield near 5%, 30-Year Yield at 5.37%
Lots of Bad Stuff all at once, topped off by Trump’s $1.35 Trillion Free-Money Promise, $5,000 for every adult American, at the worst possible time.