A Gold Divergence; Post Vaccine-War Impact Incoming
A Gold Divergence; Post Vaccine-War Impact Incoming
We had four economic reports this week: Personal Income (PI): +0.22% month over month (m/m) [+0.26% month over m/m prior]; Slowing, negative. Durable goods, New Orders (DGORDER): +5.33% m/m, Shipments +0.50% m/m. Positive. Median New Home Sales Prices (MSPNHSUS): -16.9k m/m, New Home Supply: -0.2 [to 9 months]. Negative (for housing). GDP: +1.56% quarter over quarter (q/q), not adjusted for inflation. Negative. The dollar (DX) inched lower this week, losing 0.06 [-0.06%] to 101.72. This was was virtually no change, ahead of the Fed meeting next Wednesday, where Powell will tell us if his rate increases have kept services inflation
Login or Enroll
This content requires a paid subscription to Peak Prosperity.
$10 / month
Only our paying members have access to premium discussions at Peak Prosperity.
Become a premium member today to gain access to comments like this one and 39 others:
This is very comforting news. With all of the attention given to the anti-gun rhetoric, it is easy to overlook that in grassroots America people take the Bill of Rights ...
