News that is impacting the markets….
A story worth mentioning, is the status of the White Houses’ top economic advisor and former chief operating officer of Goldman Sachs, Gary Cohn. News reports coming out that Mr. Cohn is extremely upset with the President’s comments regarding Charlottesville. Some news agencies are reporting he is considering stepping down.
If he does this would be a huge blow to the President’s agenda and seems to be having a negative effect on equities today along with the terrorist attack in Barcelona, Spain. I believe if Mr. Cohn does step down this will totally derail President Trump’s plan for tax reform.
All this news along with the Fed comments yesterday is bullish for our Gold market.
Enjoy the rest of your day.
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