Mixed Inflation Data And Precious Metal Stock Moves
Earlier this morning we saw updated consumer prices that pointed to low/negative inflation data for goods and higher inflation for services. Chris Temple and I discuss what this means for the overall Fed narrative in terms of rate hikes at the end of the year. We also look at the constrained moves in precious metal stocks considering gold is threatening to breakout.
(Audio length 00:17:40)
Disclosure: None.