06 December 2023 – 09:13 Central Euro Time

Gold, Copper and the Spoo are at present above today’s Neutral Zones; the other BEGOS Markets are within same, and volatility is mostly light. Going ’round the horn for the five primary BEGOS components at Market Values, we’ve (in real-time): the Bond +6.5 points “high” above its smooth its smooth valuation line, the Euro “in line”, Gold +57 points “high”, Oil -9.5 points “low” and the Spoo +206 points “high”. The S&P 500 is now “textbook overbought” through the last 20 trading days; the “live” P/E is 42.3x. For the Econ Baro we’ve November’s ADP Employment data, October’s Trade Deficit, and the revision to Q3’s Productivity and Unit Labor Costs.