# Wall Street bears abound after inflation sours Fed outlook, Main Street abandons bullish bias as gold drops below $3,900/oz

> Gold fell to its lowest level in more than a year after hotter-than-expected October CPI data, surging Treasury yields and more hawkish Federal Reserve expectations overwhelmed an early recovery driven by lower oil prices and a weaker dollar.

- Date: 2026-11-13 · published 2026-11-14T03:12:02.061Z
- Category: macro · region US · magnitude medium
- Page: https://feedsoft.ai/events/98926-wall-street-bears-abound-after-inflation-sours-fed-outlook-main-street-abandons
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Hawkish Fed expectations and higher yields strengthen the dollar and raise financing costs, which weighs on commodity prices broadly and can shift investor flows across futures markets including feed grains.

## Read by commodity

- DXY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2022-06-13 | [ASX down nearly 4 per cent after Wall Street sell-off on inflation fears, S&P 500 falls into bear market - ABC News](https://feedsoft.ai/events/41207-asx-down-nearly-4-per-cent-after-wall-street-sell-off-on-inflation-fears-s-and.md) | +1.0% | +2.9% |
| DXY | 2024-08-30 | [Gold drops as dollar, yields firm after US inflation report](https://feedsoft.ai/events/28689-gold-drops-as-dollar-yields-firm-after-us-inflation-report.md) | +0.2% | -0.9% |
| DXY | 2017-12-12 | [British Pound Holds Gains Over Euro after Inflation Tops 3%, Folds to Dollar Advance](https://feedsoft.ai/events/67721-british-pound-holds-gains-over-euro-after-inflation-tops-3-folds-to-dollar.md) | -0.2% | -1.3% |
| DXY | 2019-07-31 | [Dollar up, stocks tumble after Fed rate outlook as pound stalls \| Malay Mail](https://feedsoft.ai/events/58020-dollar-up-stocks-tumble-after-fed-rate-outlook-as-pound-stalls-malay-mail.md) | +0.9% | +1.8% |
| DXY | 2024-10-16 | [US dollar rallies on Fed outlook, potential Trump win; inflation weighs on pound](https://feedsoft.ai/events/28053-us-dollar-rallies-on-fed-outlook-potential-trump-win-inflation-weighs-on-pound.md) | +0.7% | +2.8% |

## Sources

- kitco.com: https://www.kitco.com/news/article/2026-11-13/wall-street-bears-abound-after-inflation-sours-fed-outlook-main-street

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.