ETF Investors Think June Rate Hike Baked In, Eying Shorts on Gold Rally – ValueWalk Premium

ETF Investors Think June Rate Hike Baked In, Eying Shorts on Gold Rally

On a day when the US unemployment numbers showed a noticeable number of people leaving the workforce amid a pale 138,000 jobs created – expectations were for 185,000 jobs -- traders are nonetheless preparing for a 25 basis point increase in the Fed Funds June rate hike.

Traders expect June Rate Hike
Financial analytics firm S3 Partners, Ihor Dusaniwsky, Head of Research, is out iwth a new report on the topic. He notes that as of Friday afternoon there . . .

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