Learn English: Einhorn's Forecast: Fed Cuts, Gold Surges (normal)

1 day, 5 hours ago

Einhorn's Forecast: Fed Cuts, Gold Surges

David Einhorn predicts the Federal Reserve will enact more than two interest rate cuts.

He believes this means short-term borrowing costs will continue to decrease significantly.

His confidence in gold as an investment has grown with this economic outlook.

He thinks gold is becoming a more important asset for global finance.

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Source

Original: CNBC

Tags

#David Einhorn #Federal Reserve #Interest Rates #Gold #Economy

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