Park Avenue Numismatics
5084 Biscayne Blvd, Suite 105
Miami, FL 33137
Toll Free: 888-419-7136
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Over 30 Years Experience
Park Avenue has over 30 years
experience buying and selling
Rare Coin and Precious Metals.
We have the knowledge and
ability to provide our customers
with the best products and services.
12.8.22 - Is the market misjudging risk?
Gold last traded at $1,788 an ounce. Silver at $23.06 an ounce.
-MarketWatch--Wall Street is on a five-day losing streak. The decline, -0.19%, 3.6% as measured by the S&P 500 SPX, isn't that big, but it seems depressingly inevitable once the benchmark fails to stay above its 200-day moving average again.
The recurrence of each rally in 2022 is a recognition that stocks' relationship with central banks has changed. Once supportive, his fight against inflation has put pressure on equities and made markets more volatile.
Our call of the day is from BlackRock BLK, -0.16% , who say this challenging macroeconomic landscape will continue and that investors will need a new three-pronged strategy to navigate it.
"The new macro regime is playing out. We think this requires a new, dynamic playbook based on market risk appetite and pricing of macro damages," says BlackRock's investment institute team led by Jean Boivin.