The Senior Strategist: This is a test week
U.S. stocks fell more last week than in any other week this year, and gold was hit hard last week dropping by 5-10 pct. The big issue is the nervousness about growth.
This week will be a test week. The markets are trying to figure out, what is going on with the growth. Senior Strategist Ib Fredslund Madsen believes that it will be a temporary soft spot.