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.
What future? All that is coming is Armageddon, xcept for the rapture crowd…
But…..Babies’ Lives Matter….BLM….
https://youtu.be/I3MEKkaDi58
Might want to check with Gates Foundation on that one……..PLANNED PARENTHOOD…..
But watch out for those meth labs!
https://meme.xyz/uploads/posts/t/l-29999-yellow-lab-black-lab-chocolate-lab-meth-lab.jpg
If they’re not chosen for looks, they must have been chosen for brains….
Well, they might not be chosen for brains, either….
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.