The resurgence in coronavirus cases appears to have put a pause on the relentless risk rally that has propelled global stocks to recoup almost 80% of the March crash. But as stocks drift sideways while investors re-evaluate the prospect of a V-shaped recovery, the bulls still seem to have the upper hand. A resumption of the uptrend looks like a stronger possibility than a downside correction judging by the market sentiment and technical indicators. However, the markets’ two best barometers for risk and uncertainty tell a different story. The safe-haven gold continues to ascend to fresh multi-year highs but equally as ... (full story)