Marc Chandler - Tech Weakness, Rate Cut Realities, Presidential Cycle Playbook, Precious Metals Breakdown

In this Daily Editorial, Cory and Shad welcome Marc Chandler, Chief Market Strategist at Bannockburn Capital Markets and editor of Marc to Market, for the weekly market recap and look ahead to next week. With crucial central bank decisions and top-tier GDP data on deck, the discussion unpacks underlying crosscurrents across sovereign debt, energy, foreign exchange, and metals. Big Tech Fragility and Market Rotation: A breakdown of the Philadelphia Semiconductor Index’s continued pullback and whether the market’s defensive posture signals true institutional risk-off positioning or routine month-end rebalancing. Yield Curve Conundrum vs. Surging Oil: Why benchmark Treasury yields are retreating even as WTI crude presses multi-week contract highs, and what this divergence suggests ahead of the FOMC meeting. The "Rate Cut" Reality Check: An examination of Fed funds futures pricing, persistent US consumer strength, and why aggressive easing bets may remain premature. Historical Election Cycle Tailwinds: What historical data reveals about third-year presidential cycles and how that seasonal tendency could shape equity performance into next year. Currency Volatility & FX Divergence: Structural setups across the euro, the yen’s technical retracement, and the fundamental drivers powering the Canadian dollar’s multi-session rally. Precious Metals Under Pressure: Analysis of the continued technical breakdowns in gold and silver as key support levels give way. Click here to visit Marc’s site - Marc To Market - https://www.marctomarket.com/ ------------------- For more market commentary & interview summaries, subscribe to our Substacks: The KE Report: https://kereport.substack.com/ Shad’s resource market commentary: https://excelsiorprosperity.substack.com/ Investment disclaimer: This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security or investment product. Investing in equities, commodities, really everything involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.