Michael A. Gayed says gold’s strongest close since January and Brent’s supply-driven unwind are separate market signals, while copper suggests growth-scare fear

Michael A. Gayed says gold’s strongest close since January and Brent’s supply-driven unwind are separate market signals, while copper suggests growth-scare fears may be overstated. He also flags a TLT-QQQ divergence as cross-asset signals stay mixed.