The market took a nosedive Friday after the PCE (Personal Consumption Expenditures) inflation report came in hotter than expected — and traders quickly dialed back their expectations for rate cuts.
In this 5-minute wrap-up, Geof revisits his comment about the market rally being “suspect”, including a key level he flagged in yesterday’s Market Radar session and explains how his prediction played out in real time.
He also breaks down why gold is soaring, what he makes of the tariff talk, and what he’s watching next week with employment data on deck.
Click play to get the his full breakdown!
— The ProsperityPub Team
P.S. Stocks may be down, but gold has been going nowhere but up. And with that recession on the horizon? Gold is only going to get hotter. Here’s how Geof plays it every single week!
