In The Money Stocks chief market strategist Gareth Soloway (Gareth Soloway) said that investors are dumping lower-yielding assets such as gold to buy volatile securities such as Tesla stock and Bitcoin. But Solover has not yet sold its gold.
Soloway said: “One of the things I say to investors is to persevere. For me, this is a classic retracement. It has already risen a lot and is being sold off.” “Short-term investors Say, when Bitcoin is rising 5% every day, or 1
Soloway’s comments came when the non-agricultural employment report last Friday showed that the number of unemployed persons reached 140,000 in December, the biggest loss since the pandemic began.
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