And as often happens right when you think you have a handle on what's going on the market throws you a curve ball. In order for assets to continue rising the dollar has to resume it's downward trajectory. It didn't do that today. That's a warning sign that we may be on the cusp of an intermediate degree rally in the dollar, which would probably trigger an intermediate degree correction in stocks and precious metals.
More in the weekend report.
No comments:
Post a Comment
Please see the link below to comment on the new blog.
Note: Only a member of this blog may post a comment.