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Bitcoin fell while gold rallied to a fresh record high on Monday. That combination might not bode well for the U.S. stock market, where the major indexes scored
another round of record closes after posting three straight weeks of gains.
That was the takeaway from Eric Teal, chief investment officer at Comerica Wealth Management, who said that Monday’s moves potentially point to a risk-off turn in market sentiment.
This post was originally published on Market Watch