Video commentary for May 3rd 2022
A link to today's video commentary is posted in the Subscriber's Area.
Some of the topics discussed include: stocks markets quiet ahead of Bank of England and Fed rate decisions, China rebounding on easier monetary policy, Australia weakness on tighter policy, commodities at risk from slower growth. The biggest risk to a recovery is stagflation. gold at 200-day MA, Russell 2000 at 1000-day MA.