Hour 1 – Investing and Markets – A Look Into Resource Stocks And Fed Policy
Download audio file (0505-KER-Weekend-Show-Hour-1.mp3)
This week had a number of news events that could have driven markets but the overall trend takeaway was the continue rise in the USD. The Fed reemphasized its plan to raise rates at least 2 more times this year and changed some wording to address inflation now just short of 2%. We also saw a jobs number on Friday that was weak on the headline number but prior months were revised up to make the net impact a wash. Overall the US markets continued in a choppy downward fashion and the metals sector remains generally ignored.
In the first hour we focus a lot on individual stocks. Also please review the company interviews that were posted throughout the week. The links can be found below.
Please keep in touch by emailing me at Fleck@kereprot.com. I try to follow up on all the emails you send me and touch base with all the companies that are recommended. Have a great weekend!
- Segment 1: We kick of the first hour with Rick Rule and his thoughts on why this is a great time for investors in the resource sector.
- Segment 2: Doc is with us to breakdown the charts of 3 metals stocks,
- Eldorado Gold (EGO:NYSE & TSX:ELD), Harmony Gold (NYSE:HMY), and Skeena Resources (TSX.V:SKE).
- Segment 3: John Kaiser continues our focus on specific stocks with comments on Revival Gold, Skeena Resources, and Osisko Metals.
- Segment 4: We wrap up the first hour with Chris Temple and a historical comparison between prior Fed Chairman Paul Volker and the current Chairman Jerome Powell.
Exclusive Company Interviews and Updates
Segment 1
Download audio file (0505-1-1-1.mp3)
Segment 2
Download audio file (0505-1-2-1.mp3)
Segment 3
Download audio file (0505-1-3-1.mp3)
Segment 4
Download audio file (0505-1-4-1.mp3)
From:: The Korelin Economic Report