‘Clash’ coming: expectations vs. reality

(Kitco News) The gold market will remain stuck in a choppy trading pattern until the FOMC March meeting, with markets starting to price in a 50-basis-point rate hike. Here’s a look at Kitco’s top three stories of the week:

3. Shockingly strong U.S. employment report

2. A major policy pivot from the ECB

1. Markets are underpricing how ‘aggressive’ the Fed will have to be — Ray Dalio’s hedge fund Bridgewater Associates