OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

That’s odd, the weekly jobless claims doesn’t usually impact the markets like this

Posted by Buygold @ 9:11 on August 8, 2024  

The dollar has completely turned, rates as well. 10 yr. @ 3.99% vs. 3.91 earlier. Oil up, SM well up.

Course, this takes some air out of pm’s. and why not? That’s the most important thing to them. Add to that the usual 9 am bullshit and you get metals well off their highs of the morning. So typical.

Doesn’t make sense, seems like something else is going on

Stocks Surge On Small Drop In Initial Jobless Claims; Continuing Claims Hits 33-Month High

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…continuing jobless claims rose to 1.875mm Americans – theĀ highest since Nov 2021

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.