Stocks And Precious Metals Charts - Labor Day On Monday

By Jesse of Jesse's Cafe Americain

Sep 1, 2023 at 5:58 PM EDT

The Dollar soared on hawkish interest rate expectations and gold and silver did a whipsaw retreat.

The Jobs Report data this morning was a bit subdued, showing less employment than expected including downward revisions of past numbers.

Most of the adults had already left for their extended holiday weekend, so the market trade was light.

And apparently the word was out, to take the markets lower.

The Dollar soared on hawkish interest rate expectations and gold and silver did a whipsaw retreat.

Wash-rinse-repeat.

US markets will be closed on Monday for Labor Day.

And so nominally ends the summer time of vacation.

Have a pleasant weekend.

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More By This Author:

Stocks And Precious Metals Charts - Variations
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Disclosure:

Information in “The Felder Report” (TFR), including all the information on the Felder Report website, comes from independent sources believed reliable but accuracy is not guaranteed and has not been independently verified. All material published in TFR is subject to change without notice from TFR. TFR makes no security recommendations whatsoever. All information in TFR is for educational purposes only. Opinions expressed in TFR belong solely to Jesse Felder. Please visit The Felder Report for full disclosures.

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