Marc Chandler – Recapping Jobs Data, Upcoming Central Bank Meetings and Election Impact On Markets
Marc Chandler, Managing Partner at Bannockburn Global ForEx and Editor of Marc To Market joins me to provide a comprehensive analysis of the past week’s economic events.
The discussion kicks off with an in-depth look at the latest jobs data, which was weaker than expected. Despite these figures, the Federal Reserve is still anticipated to cut interest rates by 25 basis points next week.
We also cover the Bank of Japan’s decision to hold rates steady and the UK’s budget release that signals higher taxes, more spending, and borrowing. Significant market movements, such as the dollar’s strength and the impact of economic data on investor positioning, are analyzed.
Looking ahead, Marc previews the upcoming week, which includes the highly anticipated US election and several central bank meetings from the G10 countries. Insights are provided on what to expect from the Fed, Bank of England, and other central banks. Additionally, the potential market implications of these events and the ongoing volatility.
I hope you enjoy the rest of your weekend I know I will! LOL! DT 🤣😉😊🤞
Biggest liabilities are Corporate Bailouts, Derivatives and under the table bailouts to foreign banks and corporations.(Almost forgot: The exchange Stabilization Fund. Remember there is no audit of either The Fed or ESF. Social programs are the scapegoats for thefts by those controlling The Treasury.)
Transfer of wealth is not an accidental event.
Ditto Lake……..
You can tell that the market still isn’t taking the move in Gold in particular and Silver seriously yet because the stocks move up on a day when the physical precious metals are rallying and down when they are not. Sure, we have had a few stocks perform well but that is always the case in any market. DT
What I have found is it is senior people that have some interest in metals.
Young people (other than a very few) couldnt care less.
Hi SF, you could be right the younger people are probably more into tech. DT
… the irony… what the heck do they think all that cool stuff runs on and is built of… 🤣
+1 Dan
The U.S. has become the biggest “SLAVE” the World has ever seen, in their attempt to impose their will on the rest of The World the U.S. has become The Biggest Debtor Nation the World has ever seen. At some point in the next 24 hrs. The U.S. National Debt will reach $36 Trillion.
In an orgy of money printing the interest on the National Debt is now more than their spending on Defense. Medicare/Medicaid and Social Security are their two biggest liabilities. FEMA doesn’t have any money for the hurricane victims, at some point their two biggest liability programs will be bankrupt and the citizens that live off those programs will be set adrift to fend for themselves. DT