[WATCH] Closing Bell — Trouble Brewing beneath the Surface

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In today’s Money Weekend…a few important sectors that are seeing stiff selling pressure…gold has been holding up well…possibly a hint that further rises are around the corner…and more…

The S&P 500 is starting to see some selling pressure as a result of rising interest rates — and there could be more to come.

In today’s ‘Closing Bell’ video, I have a peek beneath the surface at a few important sectors that are seeing stiff selling pressure.

Banks, homebuilders, high-yield corporate debt, mortgage-backed securities, and investment-grade corporate bonds are all nosediving, with a few of them skidding faster than they have in many years.

But gold has been holding up well, and a few of the stragglers in the gold sector have started to catch a bid.

Gold’s rise despite the jump across the board in the US yield curve and the leap in the US dollar is quite impressive and is possibly a hint that further rises are around the corner.

I finish up today’s ‘Closing Bell’ video by showing you a few of the beaten-up gold stocks that look like they have turned a corner.

Check out my analysis in the ‘Closing Bell’ video below:


Fat Tail Investment Research


Until next week,

Murray Dawes Signature

Murray Dawes,
Editor, Money Weekend

About Murray Dawes

Murray Dawes is the Editor of Pivot Trader and contributing Editor at Money Morning. He was one of five, from 5,000 applicants, chosen for a graduate position with the Swiss Banking Corporation — now part of banking giant UBS. The bosses quickly cottoned on to his potential and pushed him…

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