Alternate Universes

Keith Schneider | August 2, 2020

Equity markets mostly recovered from an early swoon this week buoyed by stellar performance from digital tech giants while safety plays got ignored. The NASDAQ100 closed +4% for the week and up 25% YTD, but the Dow Industrials closed down -.15% for the week  and -7% YTD. So much for the Dow being blue chips, maybe we change the label to red chips. Meanwhile, gold and silver continued their upward trajectories leaving breakaway gaps in

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