Craig Hemke – Fed Policy Outlooks, There’s Not Many Bright Spots For Investors Currently
Craig Hemke, Founder and Editor of TF Metals Report joins us to recap yesterday’s Fed meeting and weigh in on the markets. The big takeaway from the Fed was the continued adjustments to anticipated rate cuts being pushed back. We discuss what, in anything, these future projections mean.
When it comes to the markets, there are not many bright spots for investors. Outside of a couple select energy sectors investors are broadly seeing their portfolios drift lower. On the flip side there are higher yielding savings vehicles.
America is screwed 🪛
FREAKY Friday Again 👻🙊
The response of the metals market to Powell’s announcement yesterday was not impressive and short term is not a favorable indicator for the precious metals.
Powell boxed for a long time when they failed to break up the banks and restructure Wall Street back in 2008. Once they made it clear they are only working for the Banks, they should have been nationalized and recreated. But the politicians already had been bought as well as the Media.
https://tinyurl.com/5epew84v
NatGas Deeper Down.
Friday Bottom?
If DXY tops here it looks like the /GC move will stick…Same in reverse…It will top and looks ready….sooner than later…
week /GC simple view…https://tos.mx/EODuKdF…break above 1986 chanel top line is required…will that occur?…..
…………………day…DXY has MACD turn down and 14 RSI Divergence w price …but Slow /stoch is embedded….
DXY week…3/6/23 swing high is being tested…It will require to hold and reject higher price for a failure….Next week should settle this…glta
Finally a Us Senator indicted. That’s a start, but they need to locate where Wall Street is next.
Another bogus attack that is now in the 21st month of across the board intervention in markets. Congress can’t agree on anything but destruction of Democracy. Too big to fail applies to people.