Stocks and Precious Metals Charts - All Hail The Recovery

By Jesse of Jesse's Cafe Americain

Aug 6, 2021 at 5:52 PM EDT

The Dollar rallied. The metals and miners were hammered.

The Jobs report came in much stronger than expected.

And so the taper-related bets were reversed.

The Dollar rallied.

The metals and miners were hammered.

Stocks of the big cap story variety were off, jonesing for more bubble.

The SP 500 rose to a new high.

Real worldly concerns were pushed aside and forgotten.At least for now.

In the long run there is only one trade that really matters.

For what does it profit a man...

Have a pleasant weekend.

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Disclaimer:

These are personal observations about the economy and the markets. In providing information, I hope this allows you to make your own decisions in an informed manner, even if it is from learning by my mistakes, which are many. As a standing policy, I never provide individual investment advice to anyone. I will only occasionally disclose my personal positions for the purposes of illustration. Understand that my own circumstances could differ greatly from your own, and therefore what is suitable for me may not be suitable for you. My comments are intended to be reflections on general macro financial and economic events and trends.

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