gold, page-41599

Im no expert, but it seems to me we are seeing just how hard it is to keep three balls “up in th air”,
Juggling.
Interest rates, economy growth, sharemarkets.

If the job numbers are real, and the economy is booming, the fed cannot leave interest rates where they are,
Yet, 10 yr bonds are the detonater for the market implosion.
We are seeing that lit fuse burning back to the stick now.

The market interpreted that y.o.y. hourly wage was up, and rejoiced, but how much of that was Tax Cut Bonus’, and associated minimum wage lift?
Does it reflect that some Companies are giving “Bonus” in form of shares?
Amazon gives $1,000 bonus, in shares. Thats 3 shares before tax!
And then they gave notice of cutting employee numbers back!!

I said last week, they have painted themselves into a corner, and treasury bonds are the truth bombs.