Are Stocks Catching Down To Gold?

Year-to-date, the EuroStoxx 50 (Europe’s Dow) is the best performing of the major asset classes of the developed world – besting the S&P 500 by over 300bps now. What is perhaps more interesting than this apparent dirty/clean shirt bet is that the S&P 500 was outperforming Gold by more than 850bps last week. It appears [...]