Dock Treece

Dock Treece Thursday July 30, 2020


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Thursday, stocks were up yesterday as gold hit another all time high. More good news for the real estate market pending home sales jumped 16.6% month over month.
Shell Oil and Total announced disappointing number because of falling demand and gas is below $2 per gallon most place.
FOMC meeting ended and the Fed. Chairman did his normal press conference and let me paraphrase his comments, 'we don't know if what we are doing will work but we are going to do more of it'.
Today we get GDP numbers and they are expected to be ugly.
The German GDP was announced yesterday and the numbers were the worst since 1970.
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Dock TreeceBy 1370 WSPD (WSPD-AM)