Q4 GDP Crushes Bounce

Day Six of the latest siege.

13
Thu, Feb 28, 2019 - 10:37am

Gold and silver were both bouncing back and headed higher earlier today. And then the Comex opened. And then the Q4 GDP came in stronger than expected. And now we're back in the tank.

Here's the story on the Q4 GDP which purports to show that 2018 was the best year for the US economy since 2005: https://www.zerohedge.com/news/2019-02-28/stocks-shrug-best-gdp-14-years...

Of course, whatever happened in Q4 is ancient history...especially when you consider the...

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Key Economic Events Week of 5/20

5/20 7:00 pm ET CGP speech
5/21 10:00 ET Existing Home Sales
5/22 2:00 ET FOMC minutes
5/23 9:45 ET Markit PMIs
5/24 8:30 ET Durable Goods

Key Economic Events Week of 5/13

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5/14 8:30 ET Import Price Index
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5/15 9:15 ET Cap. Ute. and Ind. Prod.
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5/16 10:00 ET Housing Starts and Philly Fed
5/17 10:00 ET Consumer Sentiment

Key Economic Events Week of 5/6

5/9 8:30 ET US Trade Deficit
5/9 8:30 ET Producer Price Index (PPI)
5/9 10:00 ET Wholesale Inventories
5/10 8:30 ET Consumer Price Index (CPI)

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