Weekend Edition: Markets Rocked by Rate Hike Fears, Largest US Bank Failure Since 2008

March 10, 2023 – It was an eventful week for stocks: Fed Chairman Jay Powell signaled the possibility of much higher rates and a major bank in Silicon Valley went bust, the largest such failure since the 2008 Great Financial Crisis. Today, we provide a quick wrap-up of everything that took place this week before speaking with David Keller, Chief Market Strategist at StockCharts.com, to get his technical take on the market, followed by Simon Michaux, Senior Researcher for the Geological Survey of Finland, to discuss how much mining of metals and other raw materials will be required to transition away from fossil fuels. Lastly, in today's Smart Macro segment, Financial Sense Wealth Management CIO Chris Puplava explains why he's still holding to a cautious or bearish view on the markets and what we are doing at our company to hedge against further market turbulence.

Discussed in today's program:

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