Billionaire investor Howard Marks, in his interaction during his Mumbai visit, described the current market cycle as unusual, making it difficult to pinpoint its exact start. He believes that despite a long expansion, the absence of extreme booms has kept major downturns at bay. “This is a very unusual cycle because it’s even hard to know when to date the cycle from,” he said.
Gold poised for weekly loss as US delays decision on Middle East involvement
Gold prices remained stable on Friday but are set for a weekly loss as President Trump delayed a decision on intervention in the Israel-Iran conflict.