Gold Is Becoming Too Crowded, AMP Capital's Naeimi Says

The video discusses the recent trends in Asia Tech stocks, highlighting a breather in their rally. It explores the economic rebound driven by pent-up demand, particularly in tech components from Korea, Taiwan, and China. The discussion shifts to market volatility due to the US elections and inconsistencies between tech and financial stocks. The role of gold as a safe haven is analyzed, noting its vulnerability due to rising nominal yields. Finally, the potential impact of a vaccine on various market sectors, including airlines and energy, is considered.

What are the potential risks associated with gold as a safe haven asset in the current market conditions?

In what ways might a vaccine announcement impact various sectors of the market?