by silvertomars
RBA, BoE, BoC… its a pattern…
— Dario Perkins (@darioperkins) October 26, 2022
Following information that the BoC follows the RBA in decreasing their price hikes, alerts at greatest the Fed might do the identical on the subsequent FOMC, or at the least CBs are already pivoting! But, #Gold and #Silver fall barely whereas the DXY tries to rally. Bullion Banks threat getting run over right here!
— David Brady (@GlobalProTrader) October 26, 2022
#recession … #GFC2 South Korea #GDP version t.co/egfy7x2Wdi pic.twitter.com/ngW7wfwVyb
— Invariant Perspective (@InvariantPersp1) October 27, 2022
One other day, one other drop… Thats the story of truckload spot charges this week, as the truth of a really ugly “peak season” units into the US trucking market. Spot charges dropped $.03/mile in a single day, reaching a brand new cycle low of $1.67/mile (web gas). pic.twitter.com/Azet8NGxVW
— Craig Fuller 🛩🚛🚂⚓️ (@FreightAlley) October 27, 2022
New GDP Report Reveals an Financial Turnaround, however Don’t Be Fooled
“For those who take a step again and take a look at GDP, it’s gone successfully nowhere over the past yr,” says Mark Zandi, chief economist at Moody’s Analytics. “One quarter or two it’s down a bit. This quarter it’s up a bit. However net-net, we’re sort of treading water.”
US Core Sturdy Items Orders Tumble Most Since COVID Lockdown Collapse, CapEx Shrinks
After two straight months of declines, analysts anticipated a modest rebound in US sturdy items orders, and so they did, rising 0.4% MoM in preliminary Sept knowledge (lower than anticipated +0.6%) with August being revised upwards to a really small rise…
