Project Syndicate
July 24, 2024
HKS Authors
See citation below for complete author information.
James W. Harpel Professor of Capital Formation and Growth
Abstract
While gold prices rise due to heightened geopolitical uncertainty, the US stock market is breaking records, and global demand for the dollar remains robust. This can be attributed to growing confidence in the US economy, which continues to surprise on the upside.
Citation
Frankel, Jeffrey. "Why Are Stocks, Gold, and the Dollar Surging?" Project Syndicate, July 24, 2024.