Posts Tagged ‘Treasury Department’
Metals, Currency and Inflation
Precious metals, stocks, and bonds all rallied last week. Interestingly, the rally in metals occurred after the inflation report came in cooler than expected. This from “Zero Hedge” (Source: https://www.zerohedge.com/personal-finance/core-cpi-inches-lower-40-year-highs-real-wages-tumble-19th-straight-month) The headline CPI printed far cooler than expected at +7.7% YoY (vs 7.9% exp) and down from the +8.2% in Sept. That is the lowest…
Read MoreInflation and the Curious Fed
Stocks had another down week while gold and silver continued to rise. As noted last week, all major US stock indices are now trading below their 200-day moving averages, a technically significant level. As a reminder, there is just one week remaining to request the February Special Report titled, “Stock Update: Is the…
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