The Fed will continue to be accommodative in 2020 due to a host of macroeconomic issues that are still unresolved, this according to Peter Hug, Global Trading Director of Kitco Metals.
“I’ve got a couple of issues with the markets from an equities perspective. First of all, I think the valuations are a bit extended. I don’t think the market has truly factored in the Brexit issue. With Boris Johnson being elected, they are going to leave the EU, but it’s just not that easy,” Hug told Kitco News.