Grafer: Sådan har guldpriser, råvarer og aktier historisk udviklet sig efter første rentesænkning

Recent evolution of global economic surprise indices shows US data idiosyncratically weakening.

Fed cutting cycles can be very supportive for Gold if followed by weaker growth.

Commodity performance around Fed cutting cycles is particularly sensitive to growth.

The US yield curve generally steepened around the start of Fed cutting cycles.

Equities tend to perform well after the Fed cutting cycle starts, unless growth

Markets are again pricing more Fed cuts in the next 12 months