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TFMR Podcast - Wednesday, June 5

30

Today brought a decent bounce for an odd set of reasons. In the past, the Comex PMs would rally on weak economic news and sell off on strong news. However, in 2024, the opposite sentiment is prevailing and the PMs rally on strong economic news. Weird, huh? Let's talk about that today.

We also go through the usual format of the podcast so, after a general discussion of how and why the PMs bounced back today, we move on to these two links:

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Key Economic Events Week of 12/16

12/16 8:30 ET Empire Fed
12/16 9:45 ET S&P flash PMIs
12/17 8:30 ET Retail Sales
12/17 9:15 ET Cap Ute & Ind Prod
12/18 8:30 ET Housing Starts
12/18 2:00 ET FOMC Fedlines
12/18 2:30 ET Jerry presser
12/19 8:30 ET Jobless Claims
12/19 8:30 ET Q3 GDP final guess
12/19 8:30 ET Philly Fed
12/19 10:00 ET LEIII
12/20 8:30 ET PCE and Core PCE
12/20 8:30 ET Personal Inc & Spend
12/20 10:00 ET UMich Dec sentiment

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