TCW91: Gold shines bright as the S&P500 faces a grim forecast. episode artwork

EPISODE · Oct 28, 2024 · 28 MIN

TCW91: Gold shines bright as the S&P500 faces a grim forecast.

from The Curve

Gold’s glittering again, hitting record highs as the ultimate “safe bet” while the world grapples with election chaos and global tensions. Investors are flocking to it for stability, like it’s the market’s comfort blanket. Meanwhile, Tesla has finally pulled itself out of the gutter with a 20% stock boost, thanks partly to its upcoming Cybertruck (yes, the blocky one that looks like an origami project gone rogue). In bigger market news, Goldman Sachs is predicting the S&P 500 will only see a 3% average return over the next decade, leaving us all wondering if it’s time to rethink the so-called “safe bets.” And wrapping up, luxury brands like Gucci are riding a rocky wave with declining sales, especially in China, but some investors are convinced the bottom is in - because if things get any worse, at least they’ll look fabulous doing it. For more of Vic’s top-notch market insights, check out The Curve Weekly newsletter she crafts each week! Sign up here to get it straight to your inbox. For more from The Curve:InstagramYouTubeWebsiteTikTokNewsletter Disclaimer: Raising The Curve has been prepared solely for informational and educational purposes. Any information provided and serviced described in this website are intended to be of general nature and provide general information only. The opinions expressed by The Curve do not constitute investment advice.

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TCW91: Gold shines bright as the S&P500 faces a grim forecast.

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