KG: JOLTS Down Justifying Rate Cuts, VIX Spike "Near the End" & Silver's Flush
Schwab Network · Schwab Network
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Show Notes
Kevin Green offers a full-picture analysis on Thursday's market action, starting with the JOLTS report showing a downtick. He makes the case it opens the door for more interest rate cuts from the Fed. KG adds that the VIX is currently experiencing backwardation which he says "does not last long." He makes the case that the spike markets are seeing will end soon. As for silver, KG notes the metal hovering around its 50-day SMA as a make or break move.
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