Reported 2 days ago
U.S. and global stocks faced declines as profit-taking occurred amidst economic uncertainties, while gold futures hit a milestone of $4,000 per ounce. The Federal Reserve's easy monetary policy raises concerns about the impact on asset prices, alongside a tightening labor market and decreasing bank reserves. The article highlights the imbalance in wealth distribution and its effects on consumer spending and markets.
Source: YAHOO