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IPO Market Update And OutlookIPO Candy • Wed, Jan 30
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- Monday, February 25, 10:59 AM Counting on the Fed's dovish bias to win out, UBS goes against the grain by predicting a "major gold rally" this year, expecting the Fed to continue printing into Q3 when UBS' commodity strategists - in contrast to its economists - expect global growth to lose momentum. But investors have been dumping their gold ETF holdings in favor of industrial metals; last week, physical palladium ETFs saw their largest inflows ever. 3 Comments [Commodities, Quick Ideas]