Unemployment unexpectedly rose in July as pressure ramps up for the Fed to cut interest rates

https://www.msn.com/en-us/money/markets/unemployment-unexpectedly-rose-in-july-as-pressure-ramps-up-for-the-fed-to-cut-interest-rates/ar-BB1r5BKY

The news suggests the Fed MAY cut rates as much as half a point in September, with two more cuts before the year's end. Oil prices are off on the news, which is good for miners, though mining stocks in general today have turned red from green earlier in the day. 

In the short run, anything can happen within the general trend for miners. In the mid-to-long run, this is good news. 

VP