Durable Goods Orders for July 2022 were released today, August 24th. Bob Iaccino discusses this data. He also previews how Fed Chair Powell will speak at Jackson Hole on Friday at 10am ET. He talks about how high energy prices impact inflation and Fed policy, as well as how Saudi Arabia's energy minister says recent volatility May push OPEC+ to curb production. He then goes over outlook for precious metals, highlighting gold (/GC). Finally, he notes how bitcoin (/BTC) holding above 21K. Tune in to find out more.
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