They Met, They Cut, They Confused; Plus, Marc Chandler on Gold and End of Dollar's Run

Aug 2, 2019 – Ryan Puplava, CEO of Financial Sense Wealth Management, covers the market's reaction to the Fed's first rate cut since 2008, turbulence over Trump's latest tariff announcement, and this week's economic numbers.

Next, Financial Sense Newshour speaks with market technician Tom McClellan on what his indicators are telling him about the stock market—he expects a short-term August correction and then to move higher from there—as well as his thoughts and outlook on a range of sectors and asset classes (click here for charts mentioned in this interview).

Lastly, we speak with currency expert and strategist Marc Chandler on the dollar and gold before wrapping things up with today's Big Picture segment between Jim Puplava and Chris Preitauer where they look into the details of the Federal Reserve's 25-basis point rate cut, Jerome Powell's outlook on the economy, inflation, international uncertainties and why the market reacted the way it did. Also, if you're missing out on all our weekday FS Insider podcasts, click here for a 30-day free trial!

randomness