George Noble says the stronger macro trade is long gold and short TLT, warning market conditions may undermine Scott Bessent’s strategy. He cites a key imbalanc

BWB News TV • 2026-08-22 12:16 UTC • By Billy Odell Tucker-Robinson

George Noble says the stronger macro trade is long gold and short TLT, warning market conditions may undermine Scott Bessent’s strategy. He cites a key imbalance: US debt issuance at 7% of GDP versus 2% economic growth.

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