Q22022 Draws To A Close

Today brings to an end the second quarter and first half of 2022. Where does the time go? Down the drain, I guess, and with it goes the Comex PMs and GDX as we move toward the lows for which we've been waiting to in order to spend some dry powder.

The big news today was a very slight slowdown in the PCE which, as you know, is always referred to as "The Fed's favorite inflation indicator". It's still a very high number but it's down one tick from last month....

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Key Economic Events Week of 8/15

8/15 8:30 ET Empire Fed Manu Idx
8/15 10:50 ET Goon Waller
8/16 8:30 ET Housing Starts
8/16 9:15 ET Cap Ute and Ind Prod
8/17 8:30 ET Retail Sales
8/17 9:30 ET Goon Bowman
8/17 2:00 ET July FOMC minutes
8/18 8:30 ET Philly Fed Manu Idx
8/18 10:00 ET LEIII
8/18 1:20 ET Goon George
8/18 1:45 ET Goon Kashnkari
8/19 9:00 ET Goon Barkin

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