Loading ...PPI comes out this am. Gotta get through that part of the risk puzzle to keep going. I would guess that since the CPI missed, the PPI will probably miss as well.
PM’s have so far stared down Powell and the CPI. Pretty damn impressive.
KGC came out with earnings, missed what looks to be the “whisper number” by a penny, but they were still pretty good, and gold is a lot higher now than it was last quarter. They are getting hit for 4.5% in the premarket, but I suspect the dip will be bought – especially if the metals hold their gains. PE is only around 13 at current earnings.
AEM comes out with earning after the close. They seem to be the bellwether these days.