The market should see its next major peak July 13-15 before selling off one final time into the beginning of August. From August into year-end, a massive rally should unfold carrying the major indexes near or beyond their all-time highs. The recession will then take hold from early 2023 into the middle of 2025. Gold members will be apprised of exact dates and price levels for each of these substantial moves set to unfold over the next year.
Last Week’s Economic Data:
Core Durable Goods Orders: Beat
Pending Home Sales: Beat
CB Consumer Confidence: Miss
Core CPE: Miss
Initial Jobless Claims: Miss
ISM Manufacturing PMI: Miss
Upcoming Economic Data:
Monday: A happy Fourth of July to all!
Wednesday: Fed Meeting Minutes, ISM Non-manufacturing PMI, JOLTs Job Openings
Thursday: Initial Jobless Claims
Friday: Non-farm Payrolls, Unemployment Rate