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TFMR Podcast - Wednesday, June 5

30

Today brought a decent bounce for an odd set of reasons. In the past, the Comex PMs would rally on weak economic news and sell off on strong news. However, in 2024, the opposite sentiment is prevailing and the PMs rally on strong economic news. Weird, huh? Let's talk about that today.

We also go through the usual format of the podcast so, after a general discussion of how and why the PMs bounced back today, we move on to these two links:

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Key Economic Events Week of 6/10

6/12 8:30 ET CPI and Core CPI
6/12 2:00 ET FOMC Fedlines
6/12 2:30 ET Jerry's presser
6/13 8:30 ET PPI and Core PPI
6/14 8:00 ET Some Random Goon
6/14 10:00 ET Prelim UMich

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