Korelin Economics Report

Recapping a Heavy Economic and Political News Week

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In a week that started off strong for the precious metals turned out to be the first down week for gold in over one month. Investors were closely watching Thursday when we heard and ECB statement (which was quite dovish), the Comey testimony (which said little), and the UK election (which Theresa May miscalculated). None of these events moved markets to any significance. Now we look ahead to next week and the Fed meeting. Will they cut rates, what will they say about a September rate cut, and what about the balance sheet?

As always I love to hear from all of you. Please email me with any companies, topics, or guests that you would like to see on our show! Fleck[at]kereport.com.


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