Nearly $2 TRILLION erased from stocks, metals, and crypto in just 2.5 hours.
Here’s what triggered the sell-off:
- Fed Chair Kevin Warsh described inflation as “concerning” at Jackson Hole.
- Expectations for a September rate hike surged from 34% to 61.7% within hours.
- The US 2-year Treasury yield climbed to its highest level in a month.
#GoldRisesAbout14%InAugust
Here’s what triggered the sell-off:
- Fed Chair Kevin Warsh described inflation as “concerning” at Jackson Hole.
- Expectations for a September rate hike surged from 34% to 61.7% within hours.
- The US 2-year Treasury yield climbed to its highest level in a month.
#GoldRisesAbout14%InAugust
