With the Federal Reserve and other major central banks still raising rates into a looming global recession, Bloomberg Intelligence is projecting "a severe global economic reset," with gold set to be one of the top commodity assets this year. "We see gold as the potential shining star this year," said Bloomberg Intelligence senior macro strategist Mike McGlone. "The Federal funds rate … [is] still rising [and] may represent the early days of what we see as a severe global economic reset. The enduring gold bull and crude-oil bear markets may be energizing." Despite the Fed remaining hawkish at the start of the ... (full story)