Economic News – Stocks Dump, Gold And Oil Pumps While December ISM Takes A Plunge To 2009 Levels (Video)
Economic News – Stocks Dump, Gold And Oil Pumps While December ISM Takes A Plunge To 2009 Levels Video by Silver Report
First, we look at the ISM manufacturing survey for December 2019 as it has fallen to it’s worst level since 2009 printing 47.2 in December and missing expectations. Production fell to 43.2 expectations were for 49.1. Gold $1554.54 and oil are on the move again. The dow gave up 233.92 points and treasury yields flattened notably. We also examine the decline in luxury purchases that have begun to accelerate and the trend toward diamonds, fine wine, and classic cars is one of decline. All this and more so stay tuned.