How KKM's Dan Deming Is Playing Gold Miners

Dan Deming from KKM Financial discusses the current market conditions, including the decline in stocks and bonds, and the impact of trade tensions and weak economic data. The FOMC minutes were not as dovish as expected, leading to discussions on potential market reversals. Global economic data from Japan, Europe, and the US show weakness, affecting market performance. Despite this, bond yields rose due to durable goods numbers meeting expectations. The video concludes with a look at gold miners' rally influenced by the Fed.

What was the significance of the durable goods numbers in relation to market expectations?

Discuss the outlook for gold miners as mentioned in the text.