Quick announcement – I will be off on vacation for a week starting next weekend so there will be no Weekly Outlook video next week so enjoy this weekβs video and weβll see you again in a couple of weeks.
So this past week we got a bit of everything:
The markets are now firmly under the trance and spell of the Fed.
The markets have been pricing in the outlook of real interest rates and as the Fed has been signaling there are no plans on the horizon for any change in interest rates.
This is significantly bullish for precious metals (and hard assets) as I have been signaling for the past several weeks and this week the crypto space finally joined the party.
In this weekβs video I discuss:
Now watch this weekβs Weekly Outlook video to see the setups and levels weβll be watching as well as the technical outlook for the VXX SPY QQQ IWM DIA EEM TSX TLT GLD MGC BTCUSD EEM and more for the week of Weekly Market Outlook For August 3 – 7, 2020.
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