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 6/27

6/27 8:30 ET Durable Goods
6/27 1:25 ET Jul22 Silver option expiry
6/27 10:00 ET Pending home sales
6/28 10:00 ET Consumer Confidence
6/28 10:00 ET Richmond Fed
6/28 12:30 ET Goon Daly
6/29 8:30 ET Q1 GDP final guess
6/29 9:00 ET Chief Goon Powell
6/29 11:30 ET Goon Mester
6/29 1:00 ET Goon Bullard
6/29 1:25 ET Jul22 Silver off board
6/30 8:30 ET PCE and Core PCE
6/30 8:30 ET Pers Inc and Cons Spend
6/30 9:45 ET Chicago PMI
7/1 9:45 ET S&P Manu PMI
7/1 10:00 ET ISM Manu PMI

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