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TFMR Podcast - Friday, September 13

165

Well, I sure didn't see that coming. However, I'm pretty sure that no one saw an August US deficit of $380,000,000,000 coming, either. That cold slap to face brought about a Keynesian reality check and the Comex PMs were bid all the way through the weekly close.

And what a week it was! From the Comex close last Friday to the Comex close today, CDG was up $86 and CDS was up a whopping $2.88! Not to be outdone, the shares got in the act, too, with the GDX up $3.46 on the week or about 9.5%.

Of course, next week will bring its own set of challenges and we can't be certain...

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Key Economic Events Week of 9/30

9/30 8:50 ET Goon Bowman
9/30 9:45 ET Chicago PMI
9/30 1:55 ET Chief Goon Powell
10/1 9:45 ET S&P Manu PMI
10/1 10:00 ET ISM Manu PMI
10/1 10:00 ET JOLTS
10/1 11:10 ET Goon Cook
10/2 8:15 ET ADP jobs report
10/2 11:00 ET Goon Bowman
10/2 12:15 ET Goon Barkin
10/3 9:45 ET S&P services PMI
10/3 10:00 ET ISM services PMI
10/3 10:00 ET Factory Orders
10/4 8:30 ET BLSBS

Forum Discussion

by punter75, Jul 31, 2024 - 11:45am
by argentus maximus, Jul 15, 2024 - 8:39pm
by 1980build, Jul 12, 2024 - 9:07am