Gold hit its lowest in more than five years as China’s sellers offloaded the metal. Speculation over a possible rate hike later this year pushed the dollar higher, while Treasuries dropped. Stocks rose as investors cheered better-than-expected corporate earnings. Concerns of a glut in refined products dragged oil down.
ABOUT US
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.