- Arcadia Economics
#CraigHemke: Is #CoronaVirus Responsible For Recent #StockMarket Moves
With the unfortunate Corona Virus affecting many, especially in China, it’s not a surprise that it’s become the go-to rationale for most of the latest #WallStreet market moves. But is it really the Corona Virus that’s causing the markets to go up or down? Or could it again be the #PlungeProtectionTeam (aka the president’s #WorkingGrouponFinancialMarkets) that’s really dictating the action?
Fortunately Craig Hemke of #TFMetals joined me on the show this week to explain what’s really going on, and what’s responsible for some of the counter-intuitive moves we’re seeing. In the interview he also talks about the recent action in the #goldprice, his views on the #JPMorgan #preciousmetals manipulation case, and his thoughts on the meteoric rise in the #palladium market. So if you’re reading these Wall Street headlines and wondering what to really believe, click to watch the interview now!