"End-of-month flows could start to take hold into the end of the week, and combined with light news flow and the risk of impending trade war escalation could result in conviction remaining light."
America has radical financial leverage at this moment precisely because of the ‘strong dollar’. Make no mistake. This is not just the result of Fed hiking rates...
Another example of how when things are good nobody cares; but when there is even a small hiccup and investors scramble for the exits, few are assured of getting their money back.
Last Friday's post-Jackson Hole surge that sent the S&P to a new all time high pushed risk momentum higher, and sent world stock markets to their highest level in more than two weeks on Monday
One day after the the S&P500 bull market set a new duration record, at exactly 0.01 Washington Time on Thursday, the U.S. imposed tariffs of 25% on $16 billion worth of imports from China, sending the US dollar sharply higher across the board.
