Stocks And Precious Metals Charts - Rally Time

By Jesse of Jesse's Cafe Americain

Oct 17, 2022 at 6:55 PM EDT

The dollar fell over a buck today. Gold rallied and then fell through the day, for no particular reason either.

It was rally time today, as London set the tone by adopting a more 'responsible' fiscal plan, scrapping the PM's tax cuts.

If you are wondering what that had to do with US equities, you have not been following the commentary.

Wash - rinse - repeat.

The Dollar fell over a buck today.

Gold rallied and then fell through the day, for no particular reason either.

Let's see what happens when earnings start coming out, and the myth of the Fed's pivot is once again dispelled.

Have a pleasant evening

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More By This Author:

Stocks And Precious Metals Charts - The Cruel Tutelage Of History
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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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Also Mentions:

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