Disappointing corporate earnings and an unexpected decline in U.S. durable goods dragged indexes lower. The dollar fell on speculation the Fed might hold off on raising interest rates longer than currently expected, while gold jumped. Treasuries gained. Oil advanced on short-covering.
Mario Randholm Blog. Mario is the founder of Randholm & Co. S.A.C., an investment management company dedicated to producing superior returns for its clients and employees by adhering to mathematical and statistical methods.