Gold Surges, Stocks Purge As “Good Jobs” Euphoria Fades Fast

The immediate kneejerk rip in stocks (and bond yields) and dip in gold on the “good” jobs headline rapidly faded as the reality of ugly wage data seeped out. Crude is now notably lower, gold higher, stocks lower, and bond yields rallying back…

Initial rip then dip…

And gold is now soaring back…

As stocks tumble…

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