Not much attention has been given to the rather sudden pullback in the dollar index (DXY) this past week. This movement saw the world’s reserve currency shed 3%, which is large in the world of sovereign monies in the developed world. It has been long known that currency prices are moved by many factors, including supply […]
With the month of May already getting plenty of scrutiny as to whether investors should “sell and go away,” it seems pretty clear to me, based on how well a number of fluid factors are playing out, that the S&P is ripe for advancing another 10% higher from its current level of 4,200. Sure, a […]
This past week, the financial media was ripe with one guru after another calling for the market to correct to the tune of anywhere from 5-20%, citing peak earnings comparisons, rising inflation data and the inevitability of the Fed walking back its stance of no rate hikes until 2023. To the naysayer’s credit, recent economic […]
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