In this morning's market call, Mark discusses the current economic landscape, highlighting the impact of persistent inflation and the Fed's stance on rate cuts. He reviews sectorperformances, particularly in equities, and notes significant movements in stocks like Nvidia and Tesla. The conversation shifts to inflation dynamics, emphasizing the role of money supply in driving inflation and the implications for precious metals. Mark concludes with predictions for the market andupcoming economic events, including CPI data and webinars.

takeaways

Persistent inflation complicates further easing by the Fed.

The market is currently dominated by large tech stocks.

Stagflation is a prevalent theme in the economy.

Gold and silver prices are reaching new records.

Money supply is a key driver of inflation.

Gold miners are experiencing record high margins.

Expectations for inflation numbers are critical for market direction.

The lithium sector is showing signs of positivity.

Upcoming economic events could influence market behavior.

Webinars on investment strategies are available for interested participants.