Markets In Transition..Continues – Part III
I’m not sure what the BofA analyst is saying regarding China’s FX reserve numbers. They reported a drop of $99.5 billion and that ‘kicked the can’ down the road for the US dollar for the time being. There was a major shift of capital back into treasuries and out of equities and some commodities. […]
Continue readingLogical Market Update: BOJ Sits Tight – What’s up with China and Brazil? U.S. Corrections Continue
Japan Central Bank Decides to Sit Tight – What’s Up With the Chinese Economy and Brazil? The U.S. Corrections Continue as the Seller Flood Gates Opened, Closed, and Opened Again. The U.S. broader indexes took their cues from the Asian and Eurozone markets as the wave of selling circled the globe. The precious metals took […]
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