Stocks And Precious Metals Charts - The Worst Is Yet To Come
The way that the stock markets shot higher in the last hour of trading, largely on hot money momentum buying, would make you think that tomorrow is something significant to the wise guys financials, like the end of quarter or something.
Oh yea, it is.
Supposedly the big tickle today was the 'better than expecting' number in pending home sales.
There is an even more impressive number in pending evictions.
Let's see we end tomorrow.
The WHO said that with regard to the pandemic, 'the worst is yet to come'.
That goes double for its economic impacts.
As a reminder, this is a holiday-shortened week for trading in the States, compliments of the 4th of July.
Have a pleasant evening.
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