Fed Hikes Rates To Feign Confidence – Ep. 235
Today the Federal Reserve raised interest rates for the third time in 10 years Of course, the tightening cycle began with the first rate hike
Today the Federal Reserve raised interest rates for the third time in 10 years Of course, the tightening cycle began with the first rate hike
We had a very significant day in the currency and gold markets yesterday We had some good follow through today that really buttresses the point
It’s Friday the 13th and it is a Friday before a 3-day holiday weekend Monday, of course is Martin Luther King Day The stock market
We got a lot of economic data released today, most of it bad, and most of it worse than expected What I did not expect
The dollar was broadly weaker today with the dollar index closing down .85 to 94.78 At that time gold was up about $18; sliver up
I was in Las Vegas for the Freedom Fest and following that I went to Vancouver for a one-day gold conference One of the things
Another volatile day in the stock market sees the major averages deep in the red The Dow was down just over 1%; down 180 points,
The markets continue, really, to ignore all of the overwhelming bad news Bad news on the economy, bad news on the corporate earnings front, retail
This is another week of bad economic data that most people have ignored The stock market was up this week; the Dow closed up 1.8%
Happy St. Patrick’s Day everybody and to those of you who have been waiting since yesterday for this podcast, you won’t be disappointed Yesterday I