Loading ...GDX and the HUI both closed right on their 50’s and GDXJ broke below but not much. Hoping we open a little lower or flat and go into the meeting flat.
I get the feeling that some punters are thinking they’ll cut, but I don’t think they will. Leaning toward .25 hike while announcing a pause. The .25 hike is just to save face IMHO.
Who knows? Maybe everything’s fixed and they’ll do .50 bips. 🙂