Exclusive Comments from Marc Chandler – Fri 26 Jun, 2020

The Fed’s Balance Sheet, Gold, and Key Dates For Next Week

Marc Chandler joins me today to comment on a wide range of key market events. We start with the shrinking of the Fed’s balance sheet last week. Seems strange that the balance sheet would shrink for a second consecutive week during these easy money times.

We then discuss the trading in gold this week and the test of key breakout levels. Finally a look ahead to next week’s shortened trading week and some key data out of the US and Europe.

Click here to visit Marc’s blog – Marc To Market.

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Comments:
  1. On June 26, 2020 at 11:51 am,
    John Kruschke says:

    I am very much in agreement with Marc as I posted yesterday that I thought the conventional markets were green lighted until the election.
    ” The worse the virus gets the more support for the economy through fiscal adjustments.”
    “Bad news becomes good news.”
    As we have seen that neither Republicans or Democrats have any problem passing out free cash printed from nothing except the future of yours and mine children and grandchildren.

    • On June 26, 2020 at 9:48 pm,
      Buzz says:

      What future? All that is coming is Armageddon, xcept for the rapture crowd…

  2. On June 27, 2020 at 12:44 am,
    cfs says:

    There is nothing new.

    e.g. Simpsons ten years ago….

    https://youtu.be/a1Bn0DuDoFo

  3. On June 27, 2020 at 12:48 am,
    cfs says:
  4. On June 27, 2020 at 12:59 am,
    cfs says:

    But…..Babies’ Lives Matter….BLM….
    https://youtu.be/I3MEKkaDi58

  5. On June 27, 2020 at 1:17 am,
    cfs says:

    If they’re not chosen for looks, they must have been chosen for brains….

    https://youtu.be/9bBLLqSLzmM

    Well, they might not be chosen for brains, either….