Dock Treece

Dock Treece Good News Wednesday August 5, 2020


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Good news Wednesday, everything was up yesterday except interest rates and the dollar. Stocks had a very good day but the shining star (pun intended) was silver which was up almost 7%. If you are considering gold as an investment the attached article can provide a basic understanding of the gold market(s).
Yesterday the 10 years Treasury bond yield hit another multi-century low.
Motor vehicle sales rose to 14.5 million units (annualized), and factory orders were up 6.2%.
A listener called yesterday seeking help with their 401k. That inquiry prompted me to ask the question, "who is helping you with your 401k"? Someone is being paid to help, if your not getting any help someone is not doing their job.
Now that the Trump Administration has accepted the continuation of the $600 weekly payment a 'deal' on the stimulus plan is close.
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Dock TreeceBy 1370 WSPD (WSPD-AM)