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Fed’s Favored Inflation Metric Still Tame (Read The Fine Print)
"Refer to 'Technical Notes' for information on how the BEA imputed missing BLS prices."
That quote,
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Have any of you noticed how gold reacted to all of this political hoopla? I’d thought for sure that the “no forced takeover of Greenland” would have triggered a larger selloff in gold. WRONG!
Gold doesn’t do TACO trades. Just lower left to upper right. A bit parabolic right now. I suppose you can try to figure out when the 2nd derivative goes negative on this, but humans are pretty terrible at doing that sort of math en masse.
also thought gold+ may finally cool some with Trump in retreat across a few domains of influence…