Stocks and gold prices are increasingly moving together, while both tend to move in the opposite direction of the dollar. Therefore, if the greenback bounces after recent weakness, gold and equities could fall in unison, frustrating investors’ attempts to avoid big losses through portfolio diversification. See full story.
Stocks shouldn’t blindly follow dollar guidance
A falling dollar and rising stocks, and vice versa, have gone hand in hand for quite a while, but investors need to break the habit of looking to the currency market for guidance, writes Tomi Kilgore. See full story.
Treasurys gain before last auction of week
The government will sell $29 billion in 7-year debt See full story.
Wall St. banking on GOP to ease new rules
Wall Street and the banking industry have shifted their money away from Democrats and into the coffers of Republicans, trying to ease tougher new rules on the industry and to push some priorities beyond the D.C. gridlock. See full story.
MARKETWATCH COMMENTARY
During the past 10 dismal years of American decline, few sights have been more pathetic than that of U.S. Treasury secretaries begging the Chinese to stop being so mean to our economy, writes Brett Arends. See full story.
