U.S. Dollar Rallies, Gold & Silver Tumble, but Look at What Else is Happening

from King World News

On the heels of the US dollar rallying and gold and silver tumbling, look at what else is happening.

October 13 (King World News) – Peter Boockvar: The NFIB small business optimism index for September rose 3.8 points m/o/m to 104. (See chart below).

[…] That is the best since February. Along with this though was their Uncertainty Index which rose to match the highest level since March 2017. I’ve talked about the need to rebuild inventories as a key driver of the improvement in manufacturing and within today’s data, Plan to Increase Inventory jumped 5 points to 11 and that matches the highest since this survey began in 1980. (See chart below).

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