This post is in follow up to a client post I published early November (5th) on the bullish picture for both Palladium and Platinum. Both have advanced since, but Palladium has exploded higher: From my post – Fishing Idea: Platinum and Palladium – my suggestion was based on both technical, intermarket and fundamental analysis. Here is […]
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😂 This market couldn’t be anymore textbook #STR
The bill that’s filed is not expected to include a debt ceiling hike, per source. Leaders are eyeing defense bill as a way to raise debt limit, but it’s far from clear they have the support to accomplish that https://twitter.com/jakesherman/status/1467916009562595335
I would just let the US dollar rise.
If I was the Fed & wanted to “re-anchor” inflation expectations (to buy myself time) without actually having to tighten policy, I would consider aggressively jawboning tighter policy in illiquid holiday markets, beginning after Thanksgiving, & then let markets do the rest. 🤔