According to "my yahoo finance", gold prices dipped to $2,318/oz as investor appetite shifted towards equities, marking a short-term risk-on sentiment in global markets. Then early this past week, the president announced Pfizer ( PFE ) is in line for a three-year exemption from tariffs as part of a deal in which the company agreed to slash some of its drug prices. Luckily, many Redditors were eager to help her out in the comments. Per "my yahoo finance", the Federal Reserve’s tone in its latest minutes suggests rate cuts may be possible in Q3 2024, fueling a bond rally and lifting growth equities.
