The Next Rate Hike

Just three weeks ago, it appeared that The Fed's rate hike cycle was complete and the odds of another hike in June were at 0%. Today, those odds are greater than 50% and the impact has been frustrating for all of us in the precious metals and mining shares.

The actual odds are now 57%, which is up from about 45% just yesterday. See below in this tweet from DDB:

A 57% probability of a June 14th subsequent ⁦ @federalreserve ⁩ 25 bps hike.

ERC $...

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Key Economic Events Week of 5/29

5/30 9:00 ET Case-Shiller home prices
5/30 10:00 ET Consumer Confidence
5/30 1:00 ET Goon Barkin
5/31 8:15 ET ADP jobs report
5/31 10:00 ET JOLTS
5/31 12:30 ET Goon Harker
6/1 8:30 ET Productivity & Unit Labor
6/1 9:45 ET S&P Manu PMI
6/1 10:00 ET ISM Manu PMI
6/2 8:30 ET BLSBS

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