TL;DR
- A key measure of inflation watched closely by the Fed, Personal Consumption Expenditure (PCE) came in slightly lower than expected, up 0.3% in February
- This was lower than the 0.4% projected and the 0.5% from last month
- Sentiment continues to drive markets, as investors trade more on short term emotions rather than long term fundamentals
- Gold is looking like an opportunity in the current environment, and we’ve launched the brand new Gold Rush Kit to take advantage
- Top weekly and monthly trades
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Major events that could affect your portfolio
Today we saw the latest Personal Consumption Expenditure (PCE) index figures released, and they’ve come in slightly below expectations. Unsure what PCE is? Well, it’s a measure of inflation, which is a confusing term because there are so many different ways to measure it.
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