Special Podcast: The Last 48 Hours
What they implied for Gold, Stocks, and the future of market sentiment
Podcast: Behavior in a Stock Bear Market, Silver as a Hedge for Gold, and Market Psychology after a Disastrous Day
GoldFix #Bitcoin Podcast May 6, 2022
10:20- Mkts, Gold/Silver investment behavior
14:40- Founders comment
15:50- NFP reaction behavioral comment
19:55- Scenarios post NFP given last 2 day action
22:40-Moor Levels
25:15-BTC
vblgoldfix.substack.com
https://t.co/FStOKjWONS
Goldman's NFP Preview Excerpt
We estimate nonfarm payrolls rose by 300k in April (mom sa), below consensus of +385k and our original forecast of +350k. While labor demand remains at elevated levels and dining activity has returned to normal, seasonally-adjusted job growth tends to slow during the spring hiring season when the labor market is tight. Additionally, four of the five Big Data indicators we track are consistent with a weaker-than-consensus report. On the positive side, the April seasonal factors have evolved favorably in recent years, lowering the seasonal hurdle by roughly 100k.
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