Why Gold is a Long, Long Way From a Top
Housekeeping: Good Morning.
“25%Yellow Gold, 25% Black Gold, and 25% White Gold”
Topics:
* Why Gold is a Long, Long Way From a Top When to Sell Gold
* Post Pandemic Student Loan Delinquency is Bad
Market Analysis:
Student debt accounts for 9 percent of total household liabilities, disproportionately affecting 30 to 59-year-olds. This cohort drives consumption. Credit deterioration here means weakening demand economy-wide.
Apollo calls it a persistent drag. We call it a permanent headwind. There are 59 year olds who are still marked as "delinquent". That money is lost along with college town…
The skinny
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