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Money Metals' 2020 forecast argues the US economy is not heading into recession, citing strong employment and 2.1% GDP growth as of Q3 2019. It sees a possible late-cycle bull market in commodities, including metals, and notes that the yield curve inversion may not signal a recession until 2021 or later.
A continued expansion supports industrial and energy demand, but this is a precious-metals outlook with no direct effect on feed commodity prices.
investing.comJan 1, 2020After 4,478 past macro events, US Dollar (Broad) moved a median +0.0% over 5 sessions (51% higher; middle half -0.4% to +0.5%), and +0.1% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
