Gold

Gold has been 2020's star asset

U.S. equities have been both resilient and rangebound following the killing of Iran Gen. Qasem Soleimani, but gold has seen a major boost, jumping to its highest level in close to seven years and continuing to climb.

The big picture: Even in the face of better-than-expected U.S. data released Tuesday morning, gold edged higher.

Why it was so hard for investors to lose money in 2019

Illustration: Aïda Amer/Axios

2019 was the rare year when the simple investing strategy of targeting almost anything would have worked, the New York Times notes.

What happened: A series of interest rate cuts this year from the Federal Reserve — the first since the Great Recession — juiced the markets, making it a great time for investors.