Macro Money - October 21, 2025 - Stocks Stop, Gold Drops: What's Really Moving Markets?
Update: 2025-10-21
Description
Stocks stopped rising after prices came back within striking distance of record highs while gold dropped, suffering its biggest one-day loss in five years. What's going on? tastylive's Head of Global Macro Ilya Spivak breaks down what price action in equities, bonds, rates, currencies, and commodities seems to be saying about what global markets are thinking, and where they might go next.
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