Craig Hemke: Is it really the coronavirus that’s causing the markets to go up or down?

Arcadia Economics, Released on 2/13/20

With the unfortunate Corona Virus affecting many, especially in China, it’s not a surprise that it’s become the go-to rationale for most of the latest #WallStreet market moves. But is it really the Corona Virus that’s causing the markets to go up or down? Or could it again be the #PlungeProtectionTeam (aka the president’s #WorkingGrouponFinancialMarkets) that’s really dictating the action?

Fortunately Craig Hemke of #TFMetals joined me on the show this week to explain what’s really going on, and what’s responsible for some of the counter-intuitive moves we’re seeing. In the interview he also talks about the recent action in the #goldprice, his views on the #JPMorgan #preciousmetals manipulation case, and his thoughts on the meteoric rise in the #palladium market.

Known primarily by his nickname “Turd Ferguson,” Craig Hemke is the founder and editor of the popular TF Metals Report blog and podcast, covering precious metals, the financial markets, and greater economic trends.

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