Craig Hemke, Founder and Editor of TF Metals Report, joins us to review the market volatility after the FOMC meeting and Jerome Powell’s press conference, noting the changes to the Fed expectations in the markets via the Fed funds futures. We look at how the bid in bonds, and conversely the falling interest rates, have reversed the selloff from yesterday in today’s trading, giving a boost to US general equities as well as gold and silver.
The key economic news on tap for tomorrow will be the health of the labor market as reported in the jobs number, and Craig weighs in the key areas to watch in the January number, as well as for anticipated revisions to Decembers number in the prior month. We wrap up looking ahead to the key macro movers in the 7 weeks until the next Fed meeting in March.
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