State Of The Union.

arriba-Dec-08-2022-03-40-01-8756-AM

State Of The Union.

Dear investor.

 

Mr.Powell was a speaker in Washington today; speculators and some investors who overreacted last Friday...by selling after the jobs report, were expecting the Fed Chairman to focus on the surprise increase in jobs. 

 

Well, that did not happen. The Fed must look at all the data and not base their comments on one single surprise. 

 

Lesson to be applied when making your investment decisions. Markets turned positive after no mention of any consequences on said report.

 

Tonight, President Biden will give the State of the Union address, talk about a full plate, this is going to be tough. 

 

The two political parties at each other's throat. Major problems with police brutality all over the country. 

 

The Ukraine war; how U.S. funding and equipment commitments will be handled moving forward. 

 

Then the never-ending saga about the government debt ceiling standoff. 

This is not a pleasant job position. 

 

Good luck.

 

 Short-term: Headlines are your buying opportunities.

 

Long-term: Fundamentals are your guide.

 

Much success to all.  

 

Depository relations:

London - Singapore - United States

Canada - Australia - China - Switzerland

Brinks - IDS - Loomis - The Perth Mint

info@intlmetals.com

 

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