Stock-Market Short-Covering Risks vs. Rising Gold - The differences from the last time the S&P 500 (SPX) had a sharp drop and recovery akin to 1H may maintain gold underpinnings and risk-asset headwinds. The biggest monetary and fiscal money pump in history in 1H20 stopped the stock market swoon and buttressed all risk assets. Full report on the Bloomberg here: https://blinks.bloomberg.com/news/stories/swk1e7dwrgg0 {BI COMD} |#commodities #gold #bitcoin #bonds #stockmarket @BBGIntelligence