Bonds rallied and the POSX sold off but neither development was able to lift the Comex metals out of their ongoing malaise.
So it is what it is as we patiently await the eventual Powell Pivot II and the aftermath. For today, though, it was just more of the same with an overnight rally in Asia and London, followed by sustained and relentless paper selling in New York.
We discuss all of this in today's podcast and then move on to these three links and screenshots:
