Initial Claims and RecessionsNaturally during recessions we experience huge unemployment numbers, but interestingly enough on the reversal of the highest employment locally on each hill, that reversal can signify the top of the recession, aka the bottom of the market.
Labeled are examples from recent financial crisis.
About Initial Claims
10 year yields and jobless claimsHas US initial jobless claims (adjusted for total population) ever been this low?
Precious metals will flip current head winds into tail winds once US initial jobless claims enter their secular bull cycle.
Still very early.
#Gold #Silver #CrudeOil #Uranium #Miners #Inflation
Initial claims and fed fund rate cutIt has begun.
We can't be too far now from the PIVOT (Fed Fund Rate CUT).
Now watch crude oil and the precious metals. They have been pricing in a lot of this ahead of time. Lets see how much more needs pricing in.
#gold #silver #crudeoil #copper #platinum #uranium
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