Close Call.

arriba-Oct-26-2023-07-38-01-6071-PM

 

Close Call.
Dear Investor.

 

A missile fired at a U.S. warship came extremely close to penetrating defenses...the ship used its machine gun system to finally neutralize the threat.

 

At a time when the tension meter is maxed out, the Houthis continue to press their luck. The pending response to the tragic incident that occurred in Jordan will most likely demonstrate a level of force not seen yet in the region. Speculators have stepped into new safe-haven positions.

 

The Fed decision yesterday was in line with market expectations. Immediately the guessing game towards the March meeting was in full force. As of this writing, it split right down the middle; 50/50 but with the always-to-be-expected tough talk from Powell and company.

 

Investors, we all need more data for a better reading on all possibilities, including Mr.Powell.

 

Short-term: Headlines are your buying opportunities.

 Long-term: Fundamentals are your guide.

 Much success to all.  

 

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info@intlmetals.com

 

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