As with the Treasury market, not much was said about equities other than the speculation as to how the retail sector would do on Thanksgiving and then again on "Black Friday" when shoppers went "wild."
Gold futures prices moved lower on Friday after the Commerce Department released worse than expected Retail Sales data. The decline in consumer confidence along with the lack of robust retail buying in March created headwinds for gold traders.
In a new analysis, Andrew Wilkinson, Chief Economic Strategist at Miller Tabak & Co., looks at the recent track record for both Republicans and Democrats by examining jobs data from George Bush’s presidency and the current Obama administration.
This morning, the midweek session in New York opened lower as gold notched a fourth day of losses, and traded near $1,640 per ounce. Anxieties connected to China’s economy flared up once again this morning.