Weekend Show – Recapping Strong US Data That’s Turned Markets Down, Be Ready For Choppy Markets Moving Forward
Welcome to another KE Report Weekend Show. The February turnaround for markets continued this week on the back of more positive economic data which has investors shifting rate hike expectations in the near term. We recap the many data points and key levels to watch for markets, currencies and metals.
- Segment 1 and 2 – Rick Bensignor, President of Bensignor Investment Strategies kicks off the show by sharing his outlook for markets, bonds, the US Dollar, gold and gold stocks. Rick called the turnaround in markets perfectly and now is looking for a choppier market moving forward with a bias to the downside.
- Segment 3 – Marc Chandler, Managing Partner at Bannockburn Global ForEx and Editor of the Marc to Market website is up next with a recap of US economic data this month and the key central bank meetings to watch for in the coming weeks. We focus currency moves and how that correlates over to investor positioning.
- Segment 4 – Christopher Aaron, Founder of iGold Advisor wraps up the show with his technical analysis on gold. We revisit the Dow to gold ratio and relationship of the miners to the gold price.