I just saw a headline about Twitter's poor revenue and forecast. Down over 12% in after hours. I was curious about what the chart may have looked like before the…
The looks of some ratios before the FOMC regales us with the latest non-action (with an IMO lessening possibility of some hawkish talk)... Gold vs. US stocks is nearly 3…
With reference to the previous posts about about weak economic data, the fundamentals for gold are getting a boost in this data. Durable Goods, Machine Tools and Consumer Confidence have all decelerated. The risk of the Fed being sensitive to inflation may have been reduced here in favor of not wanting to tank the markets.
Today's economic data have moved the needle back a bit toward 'no change' to the Fed's dovish stance. The March Durable Goods figure was .8% vs 2% expected and even…
A look at how a few markets are setting up pre-FOMC.
The charts are what they are, but we are dependent upon what the Fed may or may not put out there on Wednesday. I would put the odds of a rate hike at just this side of zero. But they are free to leave forward looking wording as is or do a little tweaking from the currently ultra dovish stance toward at least opening a discussion for rate hike expectations for June.