Recession risks -- Somebody has it wrong

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‘Somebody has it wrong’ on U.S. recession risks as oil, gold and Treasurys diverge, fund manager says

Markets are confused over the risk of a recession hitting the U.S., and “somebody has got it wrong,” according to hedge fund manager David Neuhauser.

Falling oil prices and rising gold prices indicate growing recessionary fears — but 10-year Treasury yields jumped on Friday amid hopes of a soft landing.

The CIO of Livermore Partners said: “Somebody has it wrong here, is what I’m trying to tell you. ... It’s hard to describe who has it [wrong] yet.”

Oil, gold and Treasurys diverge on U.S. recession risk: Livermore'''s Neuhauser
 
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