The Prospector News

Gwen Preston – “Hot Inflation and a Bigger Than Expected Rate Hike” (Video)

You have opened a direct link to the current edition PDF

Open PDF Close
Uncategorized

Share this news article

Gwen Preston – “Hot Inflation and a Bigger Than Expected Rate Hike” (Video)

 

 

 

 

In this week’s video, Gwen talks about the Federal Reserve’s response to red hot headline inflation in May and how it has boosted the odds that central bankers will tighten us into a recession…and that rates will therefore start coming down before the end of next year.

What to take away from all of this?

That recession is likely and that rate hikes will not likely last as long or take rates as high as the Fed currently predicts (and as the market was predicting just a few weeks ago).

All of this will still take time to play out. While it does, the ride will be bumpy for base metals, no matter bullish medium-term fundamentals. Gold has done well through all of this so far, some days jumping on safe-haven buying and other days falling when the stock market bulls get the upper or the dollar really rises.

All of that will continue until we get through this storm – and while things remain very wild, I actually think the path forward got a touch clearer over the last two weeks.

 

Courtesy of The Resource Maven

 

Posted June 27, 2022

Share this news article

MORE or "UNCATEGORIZED"


Altius Commits to $21 Million Investment in ARR

Altius Minerals Corporation (TSX: ALS) (OTCQX: ATUSF) is pleased... READ MORE

December 2, 2022

Midland Completes the Second Tranche of a Private Placement Totalling $3.5M

Midland Exploration Inc. (TSX-V: MD) is pleased to announce that ... READ MORE

December 2, 2022

Chibougamau Independent Mines Drilling at Berrigan Intersects Wide Mineralized Zones

Chibougamau Independent Mines Inc. (TSX-V:CBG)  (FRA:CLL1) (OTC:... READ MORE

December 2, 2022

Apollo Reports First Assay Results From Phase 2 Drilling

Silver Mineralization Continues to Expand Beneath Current Resourc... READ MORE

December 2, 2022

Orezone Declares Commercial Production at the Bomboré Gold Mine

Orezone Gold Corporation (TSX: ORE) (OTCQX: ORZCF)  is pleased t... READ MORE

December 2, 2022

We acknowledge the [financial] support of the Government of Canada.

Government of Canada Supported
Copyright 2022 The Prospector News