Daily Alert – Friday 28th June 2024: US PCE continues to fall

Mark NugentDaily Alert, June 2024

Daily Alert – Friday 28th June 2024: US PCE continues to fall

Good afternoon.

It’s a quiet end to a quiet week.

US Core PCE, the Fed’s chosen measure of inflation came in bang-on target and below the prior month’s readings. So that’s good news. No horses were frightened.

Biden had a nightmare debate last night. I watched it live, at 2am. I was shocked. It is quite clear the Dems want to and need to replace him. I’d love to be a fly on the wall for that conversation. “Hey Joe, we’ve been thinking…”

This weekend sees the first round of the presidential election in France. Not looking good for the globalists.

Next week we have the UK election. That will be another late night for me.

So that’s it for this week. Have a great weekend. I’ll be back on Monday.

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