FOMC Rebuke

Thu, May 20, 2021 - 10:37am

So far, so good today as the Comex digital metals bounce back from the beating they took during the Wednesday Globex session following the release of the April FOMC minutes.

Perhaps it's a realization that the April FOMC was BEFORE the godawful May BLSBS? Perhaps it's the realization that The Fed is just playing games and that there's really no way out for them? Either way, some common sense seems to have returned today with bond yields and the POSX both down....

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6/25 10:00 ET UMich Consumer Sentiment

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