Joel Elconin – Choppy Markets, Where’s The Next Catalyst, Job Cut Continue and Gold Drops To End The Week
Joel Elconin, Co-Host of the Benzinga PreMarket Prep Show and Editor of the PreMarket Prep website joins us to recap a boring week for the markets which has been the story for the whole month. We discuss the earnings environment and earnings so far. We then ask what in the near term could be the next catalyst and how comfortable the Fed is with the economy and inflation.
For specific sectors we look to the drop in gold and silver today and oil’s dip below $80 after the pop earlier this month.