GOLD 0.51% $1,391.7 gold futures

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  1. 44,246 Posts.
    lightbulb Created with Sketch. 2012
    I believe a rate hike for June is a 98% certainty.

    I do too. Yellen is gritting her teeth and tightening into a stalling economy. She really has no option - the Fed can't claim that the economy is recovering and not raise interest rates.
    And there is also the $4.2 Trillion balance sheet to clear up. She is between the hammer and the anvil.

    And the poor to abysmal data just keeps rolling in.....

    https://www.wsj.com/articles/u-s-ho...pril-for-third-time-in-four-months-1494937917

    U.S. Housing Starts Fell in April for Third Time in Four Months
 
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