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Tuesday, April 23, 2024

Spot the Odd One: Gold Up, Silver Up, Oil Down, Dollar Down, Treasuries Up, Economy Strengthening

Courtesy of Mish.

In today’s FOMC Statement the Fed says the labor market has strengthened, household spending is growing strongly, and economic activity is expanding at a moderate rate.

Let’s see what the market thinks of that assessment.

Commodities Reaction to FOMC Statement

FOMC July Meeting A

Gold Up, Silver Up, Oil and Copper Down

Bond Reaction to FOMC Statement

FOMC July Meeting B

US Treasury Yields Lower

US Dollar Reaction to FOMC Statement


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